What widely used economic performance measure is defined as 'The total value of all goods and services produced by all people within the boundaries of a country during a one-year period'? O Consumer Price Index Unemployment Rate Productivity Democtic Product

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Economic Trends

An economic trend is the long-term direction of an economy. The trend can go up, down, or sideways. An upward trend means the economy is growing and wages are rising. A downward trend means the economy is shrinking and unemployment is increasing. A sideways trend means the economy is neither growing nor shrinking.