To understand how the economy works, economists could look at various data including:
A)the number of new residential building permits.
B)the amount of new orders for capital goods.
C)the number of manufacturers' new orders for consumer goods.
D)all of the above.

Question

Quizplus · Accepted Answer

To understand how the economy works, economists need to analyze multiple factors. A) The number of new residential building permits indicates the demand for housing, which is an important part of the economy. B) The amount of new orders for capital goods shows businesses' investments in their own growth and production. C) The number of manufacturers' new orders for consumer goods demonstrates the level of consumer demand for products. Therefore, all of these data points are important in understanding the economy.

To Understand How the Economy Works, Economists Could Look at Various