An economic indicator helps to assess the performance of an economy.

Name: An economic indicator helps to assess the performance of an economy.
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Quizplus · Accepted Answer

This is true. Economic indicators provide important data about the state of an economy, such as GDP, employment rates, inflation, and consumer spending. These indicators are often used by policymakers, businesses, and individuals to make decisions about investments, fiscal policy, and financial planning.

An Economic Indicator Helps to Assess the Performance of an Economy