We can measure the status of a national economy by looking at:
A)its total expenditures.
B)its total income.
C)We can look at either of these things to get the same measure.
D)Neither of these is used to measure a nation's economic status.

Question

Quizplus · Accepted Answer

Both total expenditures and total income are used to measure a nation's economic status. Total expenditures show the level of demand in the economy, while total income shows the level of production and output. Looking at either of these measures gives a good indication of the health of the economy.

We Can Measure the Status of a National Economy by Looking