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- Highlights information about size of various sectors in the economy. For example GNP gives information about consumer expenditures, taxes and investments.
- Highlights information about economic performance of the economy overtime. for example annual growth rates.
- It provides information to policy makers that enables them to formulate policies that safeguard and improve the economy’s health.
- It is an indicator of structural change (transformation) in the economy of a country.
Dana05 answered the question on July 18, 2019 at 19:45
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