Which of the following is not considered a macro outcome?
A)The level of unemployment.
B)External shocks such as weather.
C)The average price of goods and services.
D)The year-to-year expansion in overall productive capacity.

Question

Quizplus · Accepted Answer

External shocks such as weather are not considered macro outcomes as they are considered as exogenous factors that affect the economy, rather than economic indicators that can be measured and analyzed. The other options (A, C, and D) are all macro outcomes that are used to evaluate the overall health and performance of an economy.

Which of the Following Is Not Considered a Macro Outcome