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Q: Which is the most commonly used indicator of macroeconomic performance?
  • A. Human Development Index
  • B. Standard of Living
  • C. Per Capital Gross National Product
  • D. Physical Quality of Life Index
Correct Answer: Option C - Per Capital Gross National Product is the most commonly used indicator of macroeconomic performance. The Gross Domestic Product is widely accepted as the primary indicator of macroeconomic performance.
C. Per Capital Gross National Product is the most commonly used indicator of macroeconomic performance. The Gross Domestic Product is widely accepted as the primary indicator of macroeconomic performance.

Explanations:

Per Capital Gross National Product is the most commonly used indicator of macroeconomic performance. The Gross Domestic Product is widely accepted as the primary indicator of macroeconomic performance.