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UOP ECO360 final
Essay specific features


Written by:
Leona H
Date added:
January 28, 2017
Level:
University
Grade:
C
No of pages / words:
6 / 1529
Was viewed:
9530 times
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Essay content:
The questions are designed to be completely answered in 1-1.5 pages of written narrative. Good luck!
Q1 (9 Points). Please describe 3 economic indicators, and explain the business value of economic indicators.
Economic indicators are statistics that show how well an economy is doing at the time and how well it will do in the future...
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One economic indicator is the unemployment rate and what the unemployment rate does is shows the percentage of people in the workforce who are not working the week of the survey. The unemployed rate is calculated by taking the number of unemployed workers divided by the total civilian workforce. During an economic growth cycle the unemployment rate generally goes down and then during an economic decline the unemployment rate will generally rise...
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