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RSB [31]
3 years ago
14

What is an economic indicator and why is it important? Use at least two complete sentences to provide your response.

Social Studies
1 answer:
sergejj [24]3 years ago
5 0

Answer:

An economic indicator is a piece of economic data, usually of macroeconomic scale, that is used by analysts to interpret current or future investment possibilities. These indicators also help to judge the overall health of an economy.

Explanation:

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