GDP is known as a lagging indicator.
Unemployment rate is also a lagging indicator.
Inflation is a lagging indicator.
Pretty sure National debt is not considered an economic indicator.
Answer: Nationalism.
Explanation:
Nationalism is high identification with a nation (usually the nation in which it was born) and a high sense of its worth, and unconditional support for its interests. Diametrically, the belief that other nations have little value.
Nationalism includes an idealized sense of the nation, which includes the belief that the nation has a historical or divine superiority that gives it rights over other nations.
<em>An example of nationalism is Nazi nationalism, they believed that Germany had superior rights that allowed them to rule over other inferior nations.</em>
<em>I hope this information can help you.</em>
The correct answer for the question that is being presented above is this one: (a) elastic demand. The measure of how demand changes after price adjustments is called elastic demand. T<span>he percentage change in quantity demanded is smaller than that in price. Hence, when the price is raised, the total revenue increases, and vice versa.</span>