Final answer:
The statement is True. In macroeconomics, economists combine the prices and quantities generated in single-product markets into broad aggregates to study the macroeconomy.
Step-by-step explanation:
The statement is True.
In order to study the macroeconomy, economists combine the prices and quantities generated in single-product markets into broad aggregates. This allows them to analyze the overall performance of an entire economy rather than just individual markets. For example, in macroeconomics, economists consider aggregate demand, which is the sum of consumption, investment, government spending, and net exports. They also examine aggregate supply, which represents the total amount of goods and services available in the economy at all possible price levels.