Please help answer the following questions:
Explore the different macroeconomic variables that exist at the BEA. Which one's do you find interesting? How can they be used by a business to predict the future of their business? How can you use some of the variables when you hear about them on the news?© BrainMass Inc. brainmass.com October 10, 2019, 7:20 am ad1c9bdddf
The different macroeconomic variables that exist at BEA are the US Economic Accounts. These are National, International, regional, industry, and integrated accounts. The national accounts include the GDP, personal income and outlays, consumer spending, corporate profits, fixed assets, and research & development. I find the national accounts and the industry accounts most interesting.
These can be used by a business to predict the ...
This posting gives you a step-by-step explanation of how BEA information can help decision making in my industry. It describes different macroeconomic variables that exist at the BEA and explains how they can be used to predict the future of a business. The response also contains the sources used. The explanation is given in 253 words with four website references.