Question 3
EasyOriginal questionWhich of these is a macroeconomic variable?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Macroeconomics deals with aggregates: totals for the whole economy.
Aggregate demand adds up all spending in the economy, so it is a macro variable; the others are single units.
- Concept
- Aggregates as macro variables
- Typical timeTypical
- 40 s
- Your timeYours
- —
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