On the observation of the economy as a whole, it appears that the output levels of all the goods and services in the economy have a tendency to move together. Is the statement true or false?

True False May be Can’t say

True

If we observe the economy of a country as a whole it will appear that the output levels of all the goods and services in the economy have a tendency to move together. For example, if output of food grain is experiencing a growth, it is generally accompanied by a rise in the output level of industrial goods. Within the category of industrial goods also output of different kinds of goods tend to rise or fall simultaneously.