Asked by juan david jimenez vargas on Jun 13, 2024
Verified
Economic activities that signal forthcoming changes in the economy are referred to as:
A) coincidental economic indicators.
B) GDP implicit price deflators.
C) lagging economic indicators.
D) perfect economic indicators.
E) leading economic indicators.
Economic Indicators
These are statistical metrics used to gauge the overall health of the economy, including metrics like GDP, unemployment rates, and inflation.
GDP Implicit Price
A measure that reflects the changes in the prices of all goods and services included in the Gross Domestic Product, indicating the economy's inflation or deflation.
- Acquire knowledge about the purpose of economic indicators, encompassing leading, coincident, and lagging indicators, in the prediction of economic activities.
Verified Answer
MB
marie barholereJun 20, 2024
Final Answer :
E
Explanation :
Leading economic indicators are economic activities that can provide information about future changes in the economy. They often include factors such as stock market performance, consumer sentiment, and building permits, among others.
Learning Objectives
- Acquire knowledge about the purpose of economic indicators, encompassing leading, coincident, and lagging indicators, in the prediction of economic activities.