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a leading indicator is a set of key variables that economists use to predict phase of a business cycle, and a stock market, typically, turns sharply downward before a recession begins.
Poor harvest leading to famine and disease.
The lagging indicators change direction after the overall economy has moved, while coincident indicators move in tandem with the aggregate economic activity.
No, it is NOT an indicator of a chemical reaction. Change in color IS an indicator of chemical change, though.
Gross Domestic Product
They help people determine how wealthy a country's economy is.Economy indicators are useful because they make it easier to monitor money, improvement, and change. This is important when the economy isn't doing so well.Economic indicator best describes economic activities. These can be one of three indicators namely leading indicators, lagging indicators, and coincident indicators.
Change in Color.
Renault Service - computer controlled indicator. You may change oil by yourself, but the indicator won't change until it is reset digitally. What does this mean?
my rear left indicator and alarm light doesnt work, hoe do I change the bulb?.
Lagged economic indicators are economic indicators such as employment and GDP which have been lagged to include the economic indicators value from an earlier time period. Such as employment being lagged t-1, where the employment value for t-1 would be the employment value for the previous year not the current year.
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A colour change in a chemical indicator implies that a distinguishable chemical property has been changed in the given system.