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Some ways one can use economical indicators are one can tune their investment strategies or improve ones buying and selling decisions or for business leaders make better staff hiring decisions.

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Which helps economists judge the overall condition of a particular country's economy?

A measurement of economic indicators: )


Which of the following helps economists judge the overall condition of particular country economy?

A measurement of economic indicators


Which of th following helps economists judge the overall condition of a particular country and economy?

APEX: a measurment of economic indicators


What are key economic variables that economists use to predict a new phase of a business cycle referred to as?

They are called leading indicators. Things such as a drop in sales or foot traffic are all considered leading indicators.


Why are key economic variables that economists use to predict a new phase of a business cycle referred as?

Key economic variables that economists use to predict a new phase of a business cycle are referred to as "leading indicators." These indicators change before the economy starts to follow a particular trend, providing insights into future economic activity. Examples include stock market performance, new housing starts, and consumer confidence. By analyzing these variables, economists can better anticipate expansions or contractions in the economy.


When economists study the National economy or global economy they are using a?

When economists study the national or global economy, they are using a macroeconomic perspective. This approach focuses on aggregate indicators such as GDP, unemployment rates, inflation, and overall economic growth, rather than individual markets or sectors. By analyzing these broad measures, economists can assess economic performance, identify trends, and formulate policies that aim to improve economic stability and growth.


What helps economics judge the overall condition of a particular countrys economy?

A measurement of economic indicators.


What do economic indicators do?

One thing that economic indicators measure is the unemployment rate.


What has the author John Grant written?

John Grant has written: 'A handbook of economic indicators' -- subject(s): Economic conditions, Economic indicators


What happened in 1931 just as economic indicators were beginning to rise?

In 1931, just as economic indicators were beginning to rise:


What is the purpose of economic indicators?

To judge the overall condition of a particular country's economy.


How do economist keep track of the business cycle?

Economists track the business cycle using several key indicators, including GDP growth rates, unemployment rates, consumer spending, and inflation. They analyze these indicators to identify phases of expansion and contraction in economic activity. Additionally, they utilize leading, lagging, and coincident economic indicators to forecast trends and assess the overall health of the economy. Data collected from surveys, government reports, and financial markets further aid in monitoring these cyclical changes.