Answered step by step
Verified Expert Solution
Question
1 Approved Answer
make this longer It's challenging because they have to project changes in real GDP before they happen. also as a result of the numerous variables
make this longer It's challenging because they have to project changes in real GDP before they happen. also as a result of the numerous variables that affect output levels. For governments and corporations to effectively respond to impending threats, decision makers must be accurate. Leading indicators, such as the stock market, intertest rate, and conference board, are examples of tools. Businesses wouldn't build new factories if they anticipated a contraction. Additionally, government policy makers would take extra precautions to stop and avoid a recession if they anticipated one
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started