Why is the index of leading economic indicators useful for forecasting GDP?

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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Question Posted: Feb 21, 2020 07:18 AM

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Why is the index of leading economic indicators useful for forecasting GDP?

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The Index of leading economic indicators is an effective tool used at most times by the Government of the United States and other private players in predicting the direction in which the country is he...View the full answer

Macroeconomics

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