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September 2, 2020

What helps economists forecast the economy? Imagine you are prese

Business & Finance /Economics

What helps economists forecast the economy? Imagine you are presenting the index of the leading indicators concept to a small group of newly hired analysts. In a minimum of 200 words,

Discuss the index of the leading indicators.
Is the Phillips curve a helpful predictor? Why or why not?
As a business person, how could you use this predictive macroeconomic information to help make business decisions? (Give specific examples.)

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