What helps economists forecast the economy

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Question: 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.)

Reference no: EM132613730

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