SIE practice questioneasyEconomic Indicators—GDP
A rising Gross Domestic Product (GDP) most likely indicates which economic condition?
- ARecession
- BEconomic contraction
- CEconomic growth✓ Correct answer
- DDeflation
Explanation
Why C — Economic growth
A rising GDP signals economic growth. Contraction, recession, and deflation are all associated with declining or stagnant GDP.
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