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Essay

Economic Indicators

Essay specific features

 

Issue:

Business

 

Written by:

Carol T

 

Date added:

December 8, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2039

 

Was viewed:

4620 times

 

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Essay content:

Comparing two forecasts per indicator will give consumers a better idea of upcoming economic conditions. After evaluating such forecasts, it is important to analyze which forecast best suits the current circumstances to more accurately prediction of the economy. Unemployment Rate Although some degree of unemployment is inevitable in a complex economy, the amount of unemployment varies substantially over time and across countries...
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Unemployment rate forecasts matter to the financial market and consumers. Unexpected changes in the unemployment rate have a statistically significant effect on the economy. These unemployment rate changes affect consumer confidence because the public identifies the unemployment rate with the economy's health...
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