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Riley Glover

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Q: What is economic indicators measures a specific type of economic activity?
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What is the economic indicators measures a specific type of economic activity?

Retail sales


What economic indicators measures of a specific type of economic activity?

Retail sales.


What economic indicators measures a specific type of economic activity?

Retail sales.


What can you identify from economic analysis?

Measures of data derived from economic indicators yield valuable information for the identification of economic trends and the preparation of specific economic forecasts.


What economic indicators measures a specific type of econmic activity?

The rate of employee wages. When you have flat wages ( meaning no rise in income) then the economy will slow and go into a recession like what we are in today. The cost of living goes up but not your paycheck. That along with bad banking practices and federal bailouts.


What are indicators made of?

It depends on what sort of indicators. Some of these are: visual indicators, made mostly of plastic and glass, which are visual signs of a machine being on, or the direction in which a car is going to turn; chemical indicators that take on a specific colour in the presence of other substances; economic indicators, derived from various data, that show the level of economic activity;


What is the first thing you should do in conducting an economic analysis?

The first step in the process of conducting an economic analysis is to identify appropriate economic indicators for specific economic forecasts or trends.


What does an economic activity map show?

An economic activity map shows the specific types of economic activity or Natural Resources present in an area using different types of symbols and colors depending on what is being shown on the map. I hope that helped(:


What does a economic activity map of a country show?

An economic activity map shows the specific types of economic activity or natural resources present in an area using different types of symbols and colors depending on what is being shown on the map.


What are the 3 specific measures of economic performance that the US attempts to maximize to fulfill the goal of economic policy in the US?

Measures of Economic Performance(1) Gross Domestic Product (GDP)(2) Trade Gap(3) Rate of Inflation(4) Productivity of Labor


What economic indicator measures the change in prices of specific goods and services?

Gross Domestic Product


How would you define a cost?

A cost is generally understood to be that sacrifice incurred in an economic activity to achieve a specific objective, such as to consume, exchange, or produce.