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4 votes
How do economists attempt to predict the next business cycle? (leading economic indicator, Dow Jones

Industrial Average, leading economic index, econometric models)
I need very quickly please!

1 Answer

4 votes

Answer:

Leading economic indicator.

Step-by-step explanation:

Leading economic indicators are objective data regarding the economy of a given country or region, which allow projections of future development of the economy of that place. Thus, based on data such as the current economic performance of the place, inflation, the exchange rate, the unemployment rate, etc., projections can be made about how the future economic cycles of the place will develop.

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User Cristianorbs
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