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Economic Condition Indicators Analysis

   

Added on  2019-09-30

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I would like to utilize following macroeconomic indicators to measure the economy condition:Gross Domestic Product (GDP): It is considered the monetary value of all the finishedgoods and services manufactured within a particular country in a specific time period(Anderson, 2014).Money Supply: It is an efficient way to measure the economy situation of a particularcountry. Money supply is considered as the overall liquid assets and stock of currencycirculating in an economy of a country in a particular time (Gertler, 2015). Money supplycontained safe assets like coins, cash and balanced kept in savings and checking accountsthat can utilize to short-term investments and make payments.They are selected because the Fed utilizes real Gross Domestic Product data to manage itsmonetary policy, and also utilize money supply data to measure recent financial and economicconditions. This will be helpful in changing its monetary policy.
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