Variables that change before real GDP changes are measured by the:
A. personal income index.
B. real GDP index.
C. forecasting gauge.
D. index of leading indicators.
Answer: D
You might also like to view...
In U.S. presidential elections, the winner of the popular vote
A) was always the election winner. B) lost the election only one time in history. C) lost the election about 10 percent of the time. D) lost the election more times than he won the election.
Refer to the information above. In which period does gross investment reach its peak?
A) 1 B) 2 C) 3 D) 4 E) 5
To decrease the nation's money supply, the Fed can:
A. decrease the reserve requirement. B. buy bonds. C. decrease the discount rate. D. increase the discount rate.
We observe the duration of unemployment rising and wage rates falling. It is likely that
A. aggregate supply has increased. B. summer has arrived. C. the government has initiated expansionary fiscal policy but the policies haven't taken effect yet. D. aggregate demand has decreased.