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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