Question

What tool is used to forecast state economic growth, keep track of business cycles, and generally provide information on the health of the economy of Texas?
A. State of Texas Econometric Model
B. Dow Jones Economic Sentiment Indicator
C. SMU Business Index
D. Index of State Economic Momentum

Answer 1

Answer:

(B) Dow Jones Economic Sentiment Indicator

Explanation:

Dow Jones Economic Sentiment Indicator measures the economic health of the Texas economy; furthermore, it is commonly approved by economists throughout the US, as an economic measurement tool used for forecasting.