Answer:
The important measures on determining the importance of an economic indicator is accuracy, timeliness and the business cycle. The first two can be found by visiting the actual website where the economic indicator of interest is released. The stage of the business cycle is something you learn by observing the markets. The most important indicators include interest rates, inflation, housing sales, and overall economic productivity and growth. Each bank investment decision should include an evaluation of the specific bank's fundamentals and financial health. An economic indicator is a metric used to assess, measure, and evaluate the overall state of health of the macroeconomy. Economic indicators are often collected by a government agency or private business intelligence organization in the form of a census or survey, which is then analyzed further to generate an economic indicator.
Explanation:
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