Indicators Flashcards
1
Q
What are indicators?
A
Tells economists where America is on the business cycle.
2
Q
What are some example of indicators?
A
Leading- what is next on the cycle, Coincidental- what is happening currently, Lagging- where the America has been on the cycle.
3
Q
How do economist use them?
A
They use them on a graph to explain what the situation is.
