To look at the health of the economy, economists would most probably look at indictors such as:
A) nominal GDP, level of investment and, the general price level.
B) level of saving, nominal GDP and, the inflation rate.
C) the general price level, employment rate and, level of saving.
D) real GDP, unemployment rate and, the inflation rate.
D) real GDP, unemployment rate and, the inflation rate.
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The Balance of Payments
If aggregate demand is less than the level of aggregate output, then ________ inventory investment will be ________
A) planned; positive B) actual; positive C) actual; negative D) planned; negative
Explain what factors cause shifts of the aggregate demand curve in the open economy model
What will be an ideal response?
Which of the following would shift the FE line to the left?
A. A decrease in labor supply B. An increase in the money supply C. A beneficial supply shock D. An increase in consumer spending