Macroeconomics deals with the aggregate economic variables of an economy.
According to you, which of the following options suits best to the given statement?
Answer & explanation
Correct answer: option 2
The correct answer is option 2: The statement is true
Macroeconomics deals with the aggregate economic variables of an economy. There are 5 common terms in macroeconomics that are considered in aggregate: output, gross domestic product ( GDP ), production, income, and expenditures.