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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.

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

Gross Domestic Product


Why do indicators in chemistry change color when placed in different substances?

Indicators change color due to a chemical reaction between the indicator and the substance that alters the light absorption properties of the indicator molecule. This change in absorption properties results in a different color being observed. Different substances interact differently with the indicator molecule, leading to the color change.


How does a flavin pigment molecule work with a pH indicator?

Flavin pigment molecule can interact with a pH indicator by changing its color based on the pH of the solution. The flavin pigment undergoes a chemical reaction with the pH indicator, leading to a change in its absorption spectrum or structure, resulting in a color change that can be used to determine the pH of the solution.


Why diphenylamine is called internal indicator?

Diphenylamine is considered an internal indicator because it changes color in the presence of nitrates by forming a blue complex. This color change is used to detect the presence of nitrates in solutions without the need for an external indicator.


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.


Why is a indicator's reaction in acids and bases a chemical change?

When an indicator is added to an acid or base, it undergoes a chemical reaction with the hydrogen or hydroxide ions present in the solution. This reaction causes a change in the color of the indicator, indicating a shift in the pH of the solution. Since a new substance with different properties is formed during this reaction, it is considered a chemical change.


Why is color change considered a chemical change?

Color change is considered a chemical change because it involves a transformation at the molecular level, where the chemical composition of the substance is altered, leading to a change in its color. This change is irreversible and indicates a chemical reaction has occurred.


Is a change in mass an indicator of chemical reaction?

A change in mass can be an indicator of a chemical reaction if there is a conversion of reactants into products with different mass compositions. For example, if gas is released during a reaction or if there is a change in the number of moles of substances present, there may be a noticeable change in mass.


Is coffee an indicator?

Yes, coffee can serve as an economic indicator, particularly in relation to consumer behavior and market trends. Changes in coffee consumption patterns can reflect shifts in disposable income, lifestyle choices, and overall economic conditions. Additionally, coffee prices can be influenced by factors such as climate change, trade policies, and global supply chain dynamics, making it a relevant barometer for broader economic health.


Is an indicator's reaction in acids and bases a chemical change?

No, an indicator's reaction in acids and bases is a physical change. Indicators change color based on the pH of the solution they are in, but the chemical composition of the indicator remains the same.


What can be used as an indicator for a physical change and a chemical change?

Change in Color.