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What helps economics judge the overall condition of a particular countrys 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


Which of the following best describes why economic indicators are useful?

They help people determine how healthy a country's economy is. To judge the overall condition of a particular country's economy-AmandaAmor They show the condition of a country's economy.


What is the purpose of economic indicators?

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


Why are economic indicators useful?

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.


Is the purpose of economic indicators?

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


What are Statistical measures of change in an economy are called?

Statistical measures of change in an economy are called economic indicators. These indicators, such as GDP growth rate, unemployment rate, and inflation rate, provide insights into the overall health and performance of an economy. They help policymakers, businesses, and analysts assess economic trends and make informed decisions. Economic indicators can be leading, lagging, or coincident, depending on their timing relative to economic cycles.


What is the definition economic pressure?

Economic pressures refers to a time period in the economy of a country when indicators are not in a favourable condition


How would you define a lagging economic indicator?

The lagging indicators change direction after the overall economy has moved, while coincident indicators move in tandem with the aggregate economic activity.


What of the following best describes why economic indicators are useful?

Economic indicators are useful because they provide essential data that helps assess the health of an economy, guiding businesses, policymakers, and investors in decision-making. They offer insights into trends and potential future performance, enabling stakeholders to anticipate changes in the economic environment. By analyzing indicators such as GDP, unemployment rates, and inflation, one can gauge economic stability and growth prospects. Ultimately, these indicators help in formulating strategies and policies to foster economic development.


What two macro-economic indicators would you recommend watching to assess the economy's condition over the next six months?

what two macro-economic indicators would you recommend watching to assess the economy condition over the next six months