Question

Which of the following choices is one of the leading economic indicators?

advance monthly retail sales
structural unemployment
annual unemployment data
gross national product

Answer 1

Gross National Output

Step-by-step explanation:

This is a leading economic indicator because it tell us the well-being and health of the overall economy. A low gross national output also means that unemployment rate may be high because resources are not fully utilized--be it structural unemployment or total unemployment. Monthly retail sales also feeds into Gross National Output.