Question

1.)The basic measures of macroeconomic performance include the national debt, the trade deficit, and interest rates....

1.)The basic measures of macroeconomic performance include the national debt, the trade deficit, and interest rates.
False
True

2.)Important measures of economic performance include economic growth, employment, and price stability.
True
False

3.)The U.S. stock market and the U.S. bond market are considered by economists to be the most important measures of the economy.
False
True

Homework Answers

Answer #1

1) True, the basic measure of performance include the national debt (if it is high, then it is a threat to the economy) , trade deficit is export minus imports which shows our trade balance with the rest of the world, and interest rates which shows the borrowing costs for investment in the economy.

2)True, the important measures are economic growth which shows the GDP growth rate of the country, employment level means how many individuals are getting the job, price stability shows the inflation rate, whether it is high or low. or stable inflation rate.

3) False, besides these there are other indicators available which are considered by the economists like unemployment rate, growth rate, inflation, trade balance, etc.

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