Question: Managers often study many second-order indicators of economic performance and potential, including inflation, unemployment, debt, income distribution, poverty, and the balance of payments. Which of
Managers often study many second-order indicators of economic performance and potential, including inflation, unemployment, debt, income distribution, poverty, and the balance of payments. Which of these indicators may be more relevant to the assessment of an advanced industrialized (developed) economy (like the US, France) as compared to the assessment of a developing or emerging market economy (like Mexico, Turkey, South Korea)?
*Minimum 10 sentences* (Please answer in bullet points if possible).
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