1
Q
What are indicators?
A
Tells economists where America is on the business cycle.
2
Q
What are some example of indicators?
A
Leading- what is next on the cycle, Coincidental- what is happening currently, Lagging- where the America has been on the cycle.
3
Q
How do economist use them?
A
They use them on a graph to explain what the situation is.
Econ Unit 3
flashcards
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