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Which of the following choices is one of the leading economic indicators?

advance monthly retail sales
structural unemployment
annual unemployment data
gross national product

User Abagshaw
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1 Answer

12 votes

Answer:

Gross National Output

Step-by-step explanation:

This is a leading economic indicator because it tell us the well-being and health of the overall economy. A low gross national output also means that unemployment rate may be high because resources are not fully utilized--be it structural unemployment or total unemployment. Monthly retail sales also feeds into Gross National Output.

User NedaRM
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