Discussion Post: 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,
a) Discuss the index of the leading indicators.
b) Is the Phillips curve a helpful predictor? Why or why not?
c) As a business person, how could you use this predictive macroeconomic information to help make business decisions? (Give specific examples.)
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.