aodom1225 aodom1225
  • 16-02-2020
  • Social Studies
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Which of these is an economic indicator used to tell how an economy is doing?

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beingteenowfmao
beingteenowfmao beingteenowfmao
  • 17-02-2020

The correct answer is Consumer Price Index.

It is great for showing the development of inflation. The remaining two are most commonly the employment rate, and the famous GDP which shows the production of a country. Unlike the GDP, the CPI focuses more on consumers and less on the economy.

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