A general rule of thumb is that if, after a period of increases, the leading indicator index sustains ________ consecutive declines, a recession (or at least a slowing of the economy) will follow
A) three
B) four
C) five
D) six
A
You might also like to view...
What is a "currency drain?" How and why does it affect the money multiplier?
What will be an ideal response?
Low labor standards are usually associated with
A) nondemocratic governments. B) high-income countries. C) high-wage countries. D) low foreign investment.
In a store that sells souvenirs, suppose an agent receives a $1 commission for each unit sold, and the principal receives the residual profit. As a result,
A) joint profit is maximized. B) the agent will sell until the principal's marginal cost equals $1. C) no agent would enter into such a contract. D) the agent wishes to sell as many units as he can.
Everyone agrees that the government needs to provide us with more merit goods
Indicate whether the statement is true or false