Aggregate measures are
A) anything to do with economics.
B) a total measure of a variable in the economy.
C) used only by policymakers but not by firms.
D) determined by the government.

Question

Quizplus · Accepted Answer

Aggregate measures are total measures of a variable in the economy, such as GDP, inflation rate, and unemployment rate. They are not limited to economics, determined solely by the government, or used exclusively by policymakers. Firms also use aggregate measures in their decision-making process.

Aggregate Measures Are