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ValentinkaMS [17]
3 years ago
11

List several economic indicators. What is the purpose of measuring economic indicators? What do they measure?

Social Studies
1 answer:
Travka [436]3 years ago
7 0

Economic indicators reveal the statistics of economic activity.

Explanation:

Economic indicators judge the overall condition of a particular country' economy. The main purpose of economic indicator is to attract the foreign investments. There are three categories of economic indicators,  they are lagging, coincident and leading indicators respectively.

GDP, debt cycles, inflation, Exchange rate stability, interest rates, gold price, crude oil price, stick markets variations and a country ' financial budget are the economic indicators to observe whether the economy is in boom or in the trajectory of recession and depression. Business cycles are also an important economic indicator.

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Since Carl has to adjust his budget, due to having less money in hand than expected, he must adjust his <em>"net"</em> income.

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He was correct that he <em>"made"</em> $150 dollars. This was his <em>"gross"</em> pay. Gross pay means the money you receive <em>before</em> taxes are taken out of your check.

Now that Carl knows that his check will not be written the the <em>"gross"</em> amount, but for the <em>"net"</em> amount (money paid after taxes and withholdings were taken out), he should adjust how much money he has to start with. Once he adjusts the money he "<em>brings in"</em>, he can better understand how to budget and allocate his finances.

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4 years ago
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