Please write a one page paper on the following: Assess the importance of economic indicators. Explain how they benefit economists, organizations, individuals and politicians.
The paper must be APA style...IT CAN ONLY BE ONE PAGE.© BrainMass Inc. brainmass.com March 21, 2019, 7:09 pm ad1c9bdddf
Economic indicators are statistics related to the economy indicating the present performance of the economy and the expected behavior of the economy in future. Common examples of economic indicators are the rate of inflation, the unemployment rate and the GDP. The United States Congress publishes economic indicators under the categories of total output- income- spending, employment-unemployment - wages, production -business activity, prices, money-credit-security markets, federal finance, and international statistics.
This explanation provides you a comprehensive argument relating to Economic Indicators.