Question

GSDP data is used by policymakers to:

• A. To calculate the Gross National Product (GNP) of the country.
• B. To determine the exact rate of unemployment in specific districts.
• C. To set the national monetary policy guidelines for commercial banks.
• D. Formulate economic policies at the state level

Answer 1

Answer:

D. Formulate economic policies at the state level

• "GSDP data guides the formulation of economic policies at the state level."