Explain how you can use consumer and business confidence indices to make predictions about the future state
Question:
Explain how you can use consumer and business confidence indices to make predictions about the future state of the economy. For example, how would you expect consumer spending to change over the next year if consumer confidence indices have been falling for several months?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Consumer and business confidence indices are crucial indicators used to predict future economic activity as they measure sentiment and expectations ab...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
2+ Reviews
10+ Question Solved
Related Book For 
Principles Of Economics
ISBN: 9781319330156,9781319419769
2nd Edition
Authors: Betsey Stevenson, Justin Wolfers
Question Posted:
