Questions: Refer to the data dashboard shown. Which indicator is a cross-check on GDP?

Refer to the data dashboard shown. Which indicator is a cross-check on GDP?
Transcript text: Refer to the data dashboard shown. Which indicator is a cross-check on GDP?
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Solution

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Solution Steps

Step 1: Identify the Question

The question asks which indicator is a cross-check on GDP.

Step 2: Understand the Indicators

The indicators listed are:

  • Stock prices: S&P 500
  • Business confidence
  • Employment cost index
  • Real GDI
Step 3: Analyze the Data Dashboard

The data dashboard shows various economic indicators, including Real GDP and Real GDI. Real GDI (Gross Domestic Income) is often used as a cross-check on GDP (Gross Domestic Product) because they should theoretically be equal.

Final Answer

Real GDI

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