Question

The strength of the economy depends on the balance of production and consumption of goods and services. Please select the best answer from the choices provided T F

Answer 1

The answer is True because it depends on both

Answer 2

True

Step-by-step explanation:

The strength of the economy depends on the production and consumption of products and services in a country, one of the main economic indicators is GDP or gross domestic product, is the total amount of products and services provided in an economy in a certain period of time, and consumption is the indicator of how much is bought in that economy, these both are the main indicators of the health of an economy.