Solved

According to Economists, Why Is It Useful to Measure the Behaviour

Question 26

Multiple Choice

According to economists, why is it useful to measure the behaviour of the economy with statistics such as GDP?


A) It can be used to forecast economic recessions and prevent them.
B) It measures the total value of a country's wealth.
C) It can be helpful in developing macroeconomic science, but is not useful for policymaking.
D) It is a crucial step toward developing the science of macroeconomics.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions