Discuss the index of the leading indicators

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Prior to beginning work on this discussion,

Read Chapter 15 of Macroeconomics: Private and Public Choice.

What helps economists forecast the economy? Imagine you are presenting the index of the leading indicators concept to a small group of newly hired analysts. In a minimum of 200 words,

Question 1. Discuss the index of the leading indicators.

Question 2. Is the Phillips curve a helpful predictor? Why or why not?

Question 3. As a business person, how could you use this predictive macroeconomic information to help make business decisions? (Give specific examples.)

Reference no: EM133464421

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