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16 February, 14:14

What is an economic indicator used to tell how an economy is doing?

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  1. 16 February, 16:00
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    Consumer Price Index is the correct answer.

    Explanation:

    An economic indicator provides important information about the economic data and this information are used by interpreters to understand the present and future financing conditions.

    Consumer Price Index is used to estimates the inflation rate by tracking the price fluctuations of items such as clothing, food, therapeutic service, housing, automobiles purchased by a common family.
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