An economic variable is any economic measure that
A)has different values because of researchers' different perspectives.
B)has no market value.
C)has a fixed value over time.
D)has no effect on the economy.
E)can vary over a range of values.

Question

Quizplus · Accepted Answer

An economic variable is a measure that can vary over a range of values. Examples of economic variables include inflation rate, unemployment rate, GDP, interest rate, and exchange rate. These variables are not fixed and can change over time based on different economic conditions and circumstances.

An Economic Variable Is Any Economic Measure That