Indicators

What are economic indicators?

• 1) Statistical measures that provide information about the health of an economy.
• 2) Financial products traded on the stock market.
• 3) Measures of social well-being and quality of life.

What are the three main categories of economic indicators?

• 1) Leading indicators, lagging indicators, and coincident indicators.
• 2) Market indicators, policy indicators, and business indicators.
• 3) Social indicators, environmental indicators, and economic indicators.

What do leading indicators measure?

• 1) Future economic trends.
• 2) Past economic trends.
• 3) Current economic trends.

What do lagging indicators measure?

• 1) Past economic trends.
• 2) Future economic trends.
• 3) Current economic trends.

What do coincident indicators measure?

• 1) Current economic trends.
• 2) Future economic trends.
• 3) Past economic trends.

Why are economic indicators important?

• 1) They provide information about economic trends that can help guide economic policy decisions, business decisions, and investment strategies.
• 2) They provide information about social well-being and quality of life.
• 3) They provide information about environmental sustainability.

What is GDP?

• 1) The total value of goods and services produced within a country's borders over a specific period of time.
• 2) The average change in prices of goods and services consumed by households.
• 3) The percentage of the labor force that is unemployed and actively seeking work.

What is stock market performance?

• 1) The performance of the stock market, which is a reflection of the overall health of the economy.
• 2) The average change in prices of goods and services consumed by households.
• 3) The percentage of the labor force that is unemployed and actively seeking work.