Which indicators do economists use to determine the state of the economy? check all that apply. pricesimmigration levelsagricultural outputemployment levelsgross domestic product (gdp)

Answer

Indicators for the state of economy used by economists are; Prices, employment levels and Gross domestic product (GDP)

Explanation

An economic indicator is defined as sources of economic data (macroeconomic scale) that are used by analysts to explain current or future investment chances or to judge the general well-being of the economy. The indicators include but not limited to: consumer price index, gross domestic product, unemployment rates and oil prices. These indicators can be divided into leading indicators (share prices and consumer durable), coincident indicators (GDP, retail sales and rate of unemployment) and lagging indicators(Interest rate and CPI).

answer decisions made by individual households and firms;