Which economic indicator would provide information about a country's economic growth?

Gross Domestic Product (GDP) is a crucial economic indicator that measures the total value of all goods and services produced within a country's borders over a specific time period. It serves as a comprehensive scorecard of a country's economic health and growth. When GDP increases, it typically indicates that the economy is expanding, businesses are producing more, and there is greater consumer spending. Conversely, a decline in GDP can point to economic contraction.

GDP is commonly used by policymakers, economists, and analysts to gauge economic performance and to make comparisons between different economies or assess the health of a single economy over time. While other options provide useful information about different aspects of the economy, they do not directly represent the overall economic growth in the same way GDP does. For example, the consumer price index focuses on inflation and cost of living, interest rates pertain to monetary policy and borrowing costs, and employment statistics indicate job market conditions but don’t directly measure total economic output. Thus, GDP is the most comprehensive and direct indicator of economic growth.