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Deflation describes the process of generally declining prices.

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10y ago

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An economic indicator which declined during the war was?

An economic indicator which declined during the war was unemployment.


Which economic indicator does not measure economic growth?

Unemployment rate


Which economic indicator measure economic?

CPI (Consumer price index)


Is the free market economy the same as the market economic system?

yes!!Not really. A "free market" is generally a micro-economic term, and describes the conditions where consumers and suppliers form an economic exchange generally free of outside price controls. A "market economy" is a macro-economic term, and describes one of many different large-scale economic forms which use a free market micro-economy as its basis, but have a varying degree of regulation layered on top.


What is a good indicator of economic stability?

unemployment


What is entire period of economic growth followed by slowing or declining?

A business cycle


Is GDP a leading or lagging indicator of economic performance?

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


Why is Wales a sparsely populated area?

Steadily declining economic opportunities and competition from sheep.


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

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Procyclic economic indicator?

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