Fluctuations in aggregate demand lead to changes in the level of real economic activity, as measured by which of the following?

Question

Quizplus · Accepted Answer

Real GDP (gross domestic product) is the most appropriate measure of real economic activity as it reflects the total value of goods and services produced in an economy over a specific period of time. The Dow-Jones Averages, Proctor and Gamble, and Standard and Poor's are indicators of stock market performance and do not directly measure real economic activity.

Fluctuations in Aggregate Demand Lead to Changes in the Level