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Describe the Difficulties That Could Be Encountered When Developing an AIS

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Describe the difficulties that could be encountered when developing an AIS.


Definitions:

Business Cycle Dating Committee

A group of economists that determines the dates of the business cycle peaks and troughs in an economy.

National Bureau Of Economic Research

An American private nonprofit research organization that analyzes economic data and trends to determine economic cycles and policies.

Industrial Production

A measure of the output of the industrial sector of the economy which includes manufacturing, mining, and utilities.

Aggregate Supply

The total supply of goods and services that companies in an economy plan on selling during a specific time period.

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