Which of the following indicates a country's economic stability and health?

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A country's economic stability and health can be assessed through multiple indicators, all of which provide valuable insights into different aspects of the economy.

The inflation rate measures the rate at which the general level of prices for goods and services rises, indicating how much purchasing power consumers have. A stable and low inflation rate suggests a healthy economy, whereas high inflation can erode savings and decrease consumer confidence.

Gross Domestic Product (GDP) reflects the total monetary value of all goods and services produced within a country over a specific time period. A growing GDP indicates a thriving economy, while a shrinking GDP can signal economic troubles.

The unemployment rate assesses the percentage of the labor force that is unemployed and actively seeking employment. A low unemployment rate typically signifies a robust economy where jobs are plentiful, while a high unemployment rate can point to economic challenges and reduced consumer spending.

Considering all these factors together—inflation rate, GDP, and unemployment rate—provides a more complete picture of a country's economic stability and health. Therefore, acknowledging that all of these indicators are vital makes the selection of all of the above the most accurate choice.

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