Isabella
Sat Aug 10 2024
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5 answers
1509
Why do economists use coincident indicators in economic analysis?
Could you please elaborate on why economists choose to incorporate coincident indicators in their economic analysis? Are there specific benefits or advantages that these indicators offer, which make them indispensable tools for understanding and predicting economic trends? How do they contribute to a more comprehensive and accurate assessment of the current state of the economy? And what types of coincident indicators are commonly used by economists, and why?
