kevinchicass kevinchicass
  • 10-12-2020
  • Business
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Why is it important for economists to determine factors influencing real GDP ?

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ariczyla17
ariczyla17 ariczyla17
  • 10-12-2020

Answer:

It is a key indicator of the overall health and growth of the economy, and it is used to determine economic policy going forward. For example, the Federal Reserve factors real GDP as well as the rate of inflation into its decisions on influencing the money supply.

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