Why is tracking GDP a good way to evaluate the impact of governmental decisions on society?(1 point) Responses The GDP can help track changes in employment.
The GDP can help measure the total production of goods and services around the world.
The GDP can help track the stability of prices.
The GDP is a marketplace in which stocks are bought and sold.
Out of the given responses, the statement "The GDP can help measure the total production of goods and services around the world" is the most accurate reason for why tracking GDP is a good way to evaluate the impact of governmental decisions on society.
Gross Domestic Product (GDP) is a measure of the total value of all goods and services produced within a country's borders in a specific time period. By tracking GDP, policymakers can assess the overall economic output of a nation and understand the impact of government decisions on the economy. This can include measuring changes in employment levels, analyzing the stability of prices, and evaluating the overall health of the economy.