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Outcomes That Have Resulted from Past Actions Are Also Referred

question 48

Short Answer

Outcomes that have resulted from past actions are also referred to as ____________________ indicators.


Definitions:

Nonfarm Sectors

Industries and activities not directly involved in agriculture, farming, or the raising of animals.

Demand

Describes the quantity of a product or service that consumers are willing and able to purchase at various price levels, at a given moment.

Supply

The total quantity of a good or service that is available for purchase at any given price point.

Farm Products

Goods that are produced by agricultural activities; includes crops, livestock, and related commodities.

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