The following indicators placed based the category they belong:
Leading economic indicators:
- The unemployment rate
- Average duration of unemployment
- The trade deficit
- Interest rate spread
Not leading economic indicators:
- Manufacturer's order for durable goods
- Building permit
- Housing starts
<h3>What is unemployment?</h3>
Unemployment can be defined as the situation in which a person who is able and willing to work do not find a suitable job at a period of time. Unemployment is one of the most important determinant of the economy because it constitute the factors used to determine production and growth of an economy.
Learn more about unemployment:
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Answer:
Explanation:
Social participation included six types of activities: hobby, friendship, clubs for the elderly, volunteer activities, community events and communication with family members and friends
Answer:
A. There is less money available to provide services for people
remaining in cities.
Explanation:
Suburbanization refers to the population shift that occurred when people moved from the urban area to a more rural area. Typically, this happened when those people already earned enough savings and decided to pursue a more quite life.
When this happen, those people will brought a long the capital that they can do to purchase goods /services along with them. This reduce the amount of money available in urban area. As a result, there will be less businesses that can afford to continue their operation.
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