QUESTION IMAGE
Question
which factors help a government know if a stimulus policy was successful?
(select the three correct answers.)
(1 point)
the overall impact on the unemployment rate
the success of international sports teams
the resulting change in gross domestic product (gdp)
the number of new laws recently passed
the long - term effects on the national debt
the approval ratings of current politicians
- A stimulus policy is often aimed at boosting the economy. A change in the unemployment rate is a key economic indicator. If a stimulus policy is successful, it should ideally reduce unemployment (or have a positive impact on the unemployment situation), so the overall impact on the unemployment rate is a relevant factor.
- Gross Domestic Product (GDP) measures the economic output of a country. A successful stimulus policy should lead to an increase in GDP (or a positive change in GDP), so the resulting change in GDP is a crucial factor to determine the success of a stimulus policy.
- Stimulus policies often involve government spending or borrowing. The long - term effects on the national debt are important because if a stimulus policy is successful, it should have a manageable impact on the national debt (or we need to assess if the debt incurred is justified by the economic benefits), so this is a relevant factor.
- The success of international sports teams has nothing to do with the economic impact of a stimulus policy.
- The number of new laws passed is related to the legislative process, not the economic success of a stimulus policy.
- The approval ratings of current politicians are more about political popularity and not a direct measure of the economic success of a stimulus policy.
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A. The overall impact on the unemployment rate, C. The resulting change in Gross Domestic Product (GDP), E. The long - term effects on the national debt