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What do the indicators used by economists reveal?
changes in production and demand
changes in employment levels
changes in prices
changes in the health of an economy
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All of the above.
Economic indicators reveal changes in production and demand (e.g., GDP, industrial production), employment levels (unemployment rate, payrolls), prices (CPI, PPI, inflation rate), and more generally the overall health of an economy (leading, coincident, and lagging indicators such as consumer confidence, retail sales, and business investment).
Economic indicators reveal changes in production and demand (e.g., GDP, industrial production), employment levels (unemployment rate, payrolls), prices (CPI, PPI, inflation rate), and more generally the overall health of an economy (leading, coincident, and lagging indicators such as consumer confidence, retail sales, and business investment).
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