Illustrates the important leading indices
Illustrates the important leading indices?
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Certain significant Leading Indices are as follows:
• For durable goods there are new orders;
• Building contracts;
• New incorporations;
• Entire sale prices of fundamental commodities,
New order placed along with manufactures and building contractors have early reflection of the coming demand for raw materials, products and labour loans as well as capital.
Occupational licensing often requires qualifications with small relevance for performance in a specific position before an individual can legally be hired. Artificial and inefficient barriers to the practice of specific occupations, such as dog groome
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Workers tend to be less productive at the margin like they work along with increasingly huge amounts of: (w) physical capital. (x) personal human capital. (y) technology which makes them narrow specialists. (z) labor from other people on an assembly line.
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