economic measures

Economic measures are tools used to assess a country’s economic health and guide policy decisions. Common measures include GDP, which totals the value of all goods and services produced; inflation rate, indicating how prices are changing over time; unemployment rate, showing how many people want jobs but can't find them; and interest rates set by central banks, affecting borrowing and spending. These indicators help governments, businesses, and investors understand economic trends, make informed decisions, and implement policies to promote growth, stability, and resilience in the economy.