One commonly reported index in business is the index of leading economic indicators. What is the purpose
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One commonly reported index in business is the index of leading economic indicators. What is the purpose of this index? If you were asked to construct your own index of leading economic indicators, what information would you use? How would you construct it?
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Answer The index of leading economic indicators serves as a tool for forecasting future economic trends Its purpose is to provide insight into the dir...View the full answer
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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