All of the Following Are Economic Indicators Except

question 92

Multiple Choice

All of the following are economic indicators except

• A)inflation.
• B)barriers to entry.
• C)unemployment.
• D)GDP.
• E)deflation.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a marketplace.

Profit

The financial gain realized when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Bushels

A measure of volume commonly used in agriculture, especially in the United States, for quantifying crops like grains, fruits, and vegetables.

Market Price

The actual price at which any commodity is available in the market, determined by supply and demand.