Question

What data would be better to look at as a best measure of economic growth: Nonfarm Business Sector Real Output per hour of all persons or Real disposable personal income per capita? why?

Answer 1

Ans

Last because nonfarm business doesn't represent whole economy Whileas real output per hour of all persons may be affected even by illness and is too much difficult to calculate . Last one is good and easy measure and that is why is recommended