Which of the following is not a coincident indicator?
A. personal income
B. industrial production
C. manufacturing and trade sales
D. average workweek
Answer: D
You might also like to view...
The consumption function is the relationship between consumption and
A. disposable income. B. total spending. C. investment. D. planned aggregate expenditure.
Use the following figure for the federal funds market to answer the next question.
If the Fed supplies $300 billion in reserves, the equilibrium federal funds rate is ________.
A. 5.0% B. 6.0% C. 5.5% D. Undeterminable with the information given.
Name two policies that a Keynesian economist would advocate to influence the level of GDP in the short run
What will be an ideal response?
A perfectly competitive firm in a constant-cost industry produces 1,000 units of a good at a total cost of $50,000. If the prevailing market price is $48, the number of firms and the industry's output will decrease in the long run
Indicate whether the statement is true or false