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CPI (Consumer price index)

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Glen Fahey

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3y ago

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Related Questions

Which economic indicator does not measure economic growth?

Unemployment rate


What consists of statistics used to measure different aspects of the economy?

economic indicator


What type of indicator is known as Consumer confidence?

Consumer confidence is considered to be an economic indicator. It is a measure of how optimistic consumers are about their own personal finances and the state of the national economy.


An economic indicator which declined during the war was?

An economic indicator which declined during the war was unemployment.


What type of measurement economic indicator is gross domestic product?

Gross domestic product (GDP) is a measure of total wealth in a given region.


Which economic indicators measure inactivity rather than activity?

The unemployment rate is one indicator that measures inactivity rather than activity.


What are the advantages of GPD?

Gross Domestic Product (GDP) offers several advantages as an economic indicator. It provides a comprehensive measure of a country's economic performance, allowing for comparisons over time and between different economies. GDP helps policymakers assess economic health and formulate fiscal and monetary policies. Additionally, it serves as a key indicator for investors, influencing decisions based on economic growth prospects.


What is a good indicator of economic stability?

unemployment


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GDP is considered a lagging indicator of economic performance because it reflects past economic activity rather than predicting future trends.


An economic indicator which declined during the war?

deflation


Acyclic economic indicator?

no relation to the health of the economy


Is population considered as an economic issue if yes is it a macro or microeconomics?

Yes, it is an economic issue and it is a macro economic indicator.