ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Economic indicators
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Sociological indicators
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Health Indicators
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Human Rights indicators
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Detailed explanation-1: -Economic indicators include measures of macroeconomic performance (gross domestic product [GDP], consumption, investment, and international trade) and stability (central government budgets, prices, the money supply, and the balance of payments).
Detailed explanation-2: -In addition to GDP, two of the other most significant measures of economic growth are the Consumer Price Index (CPI), which measures pricing power and inflation, and the Monthly Unemployment report, including weekly non-farm payrolls.
Detailed explanation-3: -Economic development is not so important for a country like India. Economic growth means increase in real national income. Economic development involves only economic growth. More items
Detailed explanation-4: -Consumer spending, or consumption. Business spending, or investment. Government spending on goods and services. Spending on net exports.