Which indicators do economists use to determine the state of the economy? Check all that apply.

prices

immigration levels

agricultural output

employment levels

gross domestic product (GDP)

Question

Social Studies

Sydney Sutton

15 September, 19:38

Which indicators do economists use to determine the state of the economy? Check all that apply.

prices

immigration levels

agricultural output

employment levels

gross domestic product (GDP)

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Answers (1)

Know the Answer?

Kaylah Randolph · Answer 1

prices employment levels gross domestic product (GDP)

Explanation: The most classic and traditional way of measuring a country's economic growth is to measure the growth of its Gross Domestic Product (GDP); When making international comparisons or the most effective method is the Purchasing Power Parity method.

Which indicators do economists use to determine the state of the economy? Check all that apply.pricesimmigration levelsagricultural outputemployment levelsgross domestic product (GDP)

Which indicators do economists use to determine the state of the economy? Check all that apply.

prices

immigration levels

agricultural output

employment levels

gross domestic product (GDP)