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Q: Which statistic do economists use to measure the business cycle?
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What did economists call periods of boom and bust?

the business cycle


What methods do economists use to predict business cycle?

SPENDING


What are key economic variables that economists use to predict a new phase of a business cycle referred to as?

They are called leading indicators. Things such as a drop in sales or foot traffic are all considered leading indicators.


what Economists have learned that GDP fluctuates on a cycle. What has the average cycle been since the end of World War II?

three to five years


What is the role of needs in business cycle?

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What are the components of business cycle?

The components of the business cycle is Prosperity, Recession, and depression.


Why is the stock market considered to be the leading indicator of economic change?

a leading indicator is a set of key variables that economists use to predict phase of a business cycle, and a stock market, typically, turns sharply downward before a recession begins.


What is the overall measure of the duration of the maintenance cycle?

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Business cycle of the Philippines since 1946 to 2008?

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What are the five steps in the DMAIC improvement cycle?

DMAIC is referred to data-driven improvement cycle used for improving, optimizing and stabilizing business processes and designs. It's five steps for improvement cycle are - Define, Measure, Analyze, Improve and Control.