3a. what are economic indicators (definition)? 3b. list two each examples of (a) leading economic indicators, (b) coincident economic indicators and (c) lagging economic indicators.

Answer :

lagging economic indicators are economic indicators.

What economic indicators are there?

  • Economic indicators include measurements of macroeconomic stability and performance, such as gross domestic product (GDP), consumption, investment, and international trade (central government budgets, prices, the money supply, and the balance of payments).
  • Economic metrics including the balance of trade, the consumer price index, and the gross domestic product (GDP) are examples of lagging indicators (BOT). These indicators are different from leading indicators, which are used to forecast and predict, such retail sales and the stock market.
  • Numerous indices, earnings reports, and economic summaries are used to measure the state of the economy. These include the unemployment rate, quits rate (quit rate in American English), housing starts, consumer price index (CPI), inverted yield curve, consumer leverage ratio, industrial production, bankruptcies, and many more.

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