State the following statement is true or false.National output is an e

1.	State the following statement is true or false.National output is an example of macro variable.Options True False
Answer» True Explanation: The above statement is correct. This is because national output is an aggregate of all outputs produced within an economy during a year. Hence, it is a macroeconomic variable.

State the following statement is true or false.National output is an example of macro variable.Options True False

Answer»

True

Explanation:

The above statement is correct. This is because national output is an aggregate of all outputs produced within an economy during a year. Hence, it is a macroeconomic variable.

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State the following statement is true or false.National output is an example of macro variable.Options True False

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