Which economic indicators are used to measure the global economy? Check all that apply.

1.purchasing power parity
2.trade volumes
3.spending power parity
4.labor market data
5.gross domestic product
6.trade deficits and surpluses

Question

Which economic indicators are used to measure the global economy? Check all that apply.

1.purchasing power parity
2.trade volumes
3.spending power parity
4.labor market data
5.gross domestic product
6.trade deficits and surpluses

anonymous · Answer

it is 1, 4,6. 
I think am not sure

poetryprincess · Answer

Okay, thanks.

anonymous · Answer

here 
purchasing power parity: 
Purchasing power parity (PPP) is a component of some economic theories and is a technique used to determine the relative value of different currencies.

trade deficits and surpluses:
Definition of trade surplus/deficit. A trade surplus (a surplus in the balance of trade) occurs when the value of a country's exports exceeds that of its imports. A trade deficit (also called a trade gap) occurs when imports exceed exports.

labor market data:
Labor Market Information (LMI): The delivery and analysis of labor force, employment, unemployment, wage, supply and demand, occupational, industrial, economic and demographic data for the analysis of manpower problems for a specifically defined area