1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Advocard [28]
3 years ago
14

What is the purpose of measuring economic indicators ? Why do they measure

Social Studies
1 answer:
AleksandrR [38]3 years ago
6 0

Answer and Explanation:

The purpose of economic indicators lie in the very need to understand the state of the economy currently and also be able to predict future economic activities on this basis of these indicators. These economic indicators are macroeconomic such that they aim to keep the government and all other interest parties such as economists and analysts in the loop about changing economic health and performance. For example the GDP which measures the general output in a given year aims to give us a picture of the well being of the economy by giving us information on total output in a year in terms of goods and services produced and consumed such that economists are able to tell if there is an inflation or deflation for instance and what opportunities to explore

You might be interested in
Select the three correct answers.
Crank

Answer: porfa

broF334FF3F3FF3F3YAAAE4D3D3F34F

6 0
3 years ago
Candace works for a national department store chain. She tailors the assortment, and allocates women's shoes to specific stores.
butalik [34]

Answer:

Planner

Explanation:

The Principal Planner, also referred to as Planning Manager, participates and supervises advanced, highly-complex professional planning day to day actions. Depending on the organization, the Planner most of the time supervises and manages sections or divisions that is within the bigger planning department of an organization.

Their duties include but not limited to supervising business operations, managing teams, working on strategic plans based on forecasts, and recommending ways of improvements.

8 0
4 years ago
Read 2 more answers
Which of the following best explains how power is generated in a tidal power plant
zmey [24]
At a high tide, the gates are closed. The water held inside the barrage, the turbine starts to work, turning the kinetic energy into power, or energy. As time goes by, there will eventually be a low tide, when the difference in depth are greatest. This results in the gates being opened up, letting the water rush out providing max amount of energy.

Hope this helps :)
6 0
3 years ago
Read 2 more answers
A.Petroleum b.Sunlight c.People d.Pitch <br><br> which one is a renewable resource?
Juli2301 [7.4K]

Answer:

b. Sunlight

Explanation:

A renewable resource is a resource that can be instantly replaced upon use. Sunlight gets its energy from the sun, which continuously shoot out sunlight throughout time. This means that as long as that part of the earth is facing the sun, they will continue to obtain solar energy. This makes sunlight a renewable resource.

4 0
3 years ago
Read this excerpt from "a letter from birmingham jail" by martin luther king jr.: you may well ask: "why direct action? why sit-
Setler [38]
Do you know the answer?

3 0
3 years ago
Read 2 more answers
Other questions:
  • Tina watches a film in which the main character aggressively yells at his mother when he doesn't get what he wants. later that d
    11·1 answer
  • 1. _____ is the most common way to measure the standard of living in different countries.
    7·1 answer
  • In "The Wife of Bath's Tale," when the knight does not want to marry the old woman because of her poverty and lack of gentility,
    11·1 answer
  • The 10th amendment is most likely favored by which government
    5·1 answer
  • Briefly describe how the locks that move ships through the panama canal funtion​
    10·1 answer
  • How has hydroplitics affected southwest asia
    15·1 answer
  • Describe five effects of the North East Trade winds in Ghana​
    7·1 answer
  • In the Vedic Age, what types of goods were traded most often? (4 points)
    6·2 answers
  • PWEASEEEE HALPPPP
    11·1 answer
  • The department of transportation (dot) defines hazardous materials (hazmat) as any substance in any form or quantity that poses
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!