The ________________ is the best indicator of how well the economy is doing relative to its potential output.
A) unemployment rate.
B) inflation rate
C) interest rate
D) exchange rate.

Question

Quizplus · Accepted Answer

The unemployment rate is the best indicator of how well the economy is doing relative to its potential output because it directly reflects the number of people who are actively looking for work but cannot find employment, indicating how fully the economy is utilizing its labor resources.

The ________________ Is the Best Indicator of How Well the Economy