Which Indicators Do Economists Use To Determine The State Of The Economy? Choose Three Answers. A. Inflation Levels B. Industrial Output C. Employment Levels D. Gross Domestic Product (GDP) E. Interest Rate
Jul 16, 2025what is an economic indicator? An economic indicator is a piece of economic data, usually of macroeconomic scale, that is used by analysts to interpret current or future investment. The meaning of indicator is one that indicates.
How to use indicator in a sentence. A person or thing that indicates, signals, or points out. See examples of indicator used in a sentence.
In the realms of statistics, data analysis, and data science, indicators serve as essential tools for evaluating performance, trends, and changes over time. Definition of indicator noun in oxford advanced learner's dictionary. Us uk english in british english, indicators are the flashing lights that tell you that a vehicle is going to turn left or right.
If you're familiar with the verb to "indicate," then indicator should be no problem. An indicator points to, suggests, or shows something. The arrow on a street sign is an indicator telling you which way to go..
In statistics and research design, an indicator is an observed value of a variable, or in other words "a sign of a presence or absence of the concept being studied". Just like each color indicates in a.