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They are useful because they can use a symbol which is a sign that stands for something else. To judge the overall condition of a particular country's economy
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What does Key Leading Indicators Mean?
A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators are used to predict changes in the economy, but are not always accurate.
What influences the foreign exchange?
There are various economic indicators that are taken into consideration which impacts the rise or fall of a country's currency. Given that USD/EUR/GBP are the most traded currencies, analysts pay close attention to the various factors that govern the respective country's economic health.Economic indicators are macro economic data that is used to determine the general condition of a country's economy. The economic indicators, in forex and binary options trading are used by traders in order to discern the health of an economy and forecast changes in the economic cycles.Source: forexpromos.com
What are forex indicators used for?
Forex indicators are used to detect patterns in the foreign exchange market. In order to correctly identify patterns, Forex indicators look for changes in economic and industry conditions. http://www.forexmarketexplained.com/Top_Five_Economic_Indicators_that_Drive_Forex_Trading.html
What economic system is used in India?
market economy
What is economic system used by South Africa?
mixed economic system
The roosevelt administration used this economic strategy to convert from a peacetime economy to a wartime economy?
cost plus
What consists of statistics used to measure different aspects of the economy?
economic indicator
The difference between economic and economical?
There are differences in the way economic and economical is used. Economic refers to the economy and finances while economical describes a thrifty person.
What type of economic system was used to reshape china's economy after the civil war?
Communism
Which economic system is used in Spain?
Spain has a mixed economy, much like the US
What are the meaning of economic planning and its features and the objectives?
Economic planning is a term used to describe the longterm goals of a government to develop the economy.
which element of a command economy is also used in a mixed economy (apex)?
governments provide economic services to citizens
