The dates of the "official" peaks and troughs of business cycles in the United States are determined by the:
A. Congressional Budget Office.
B. Federal Reserve Board.
C. Council of Economic Advisers.
D. National Bureau of Economic Research
Answer: D
You might also like to view...
Bond ratings
A) are published annually by the federal government and are based largely on information contained in corporate tax returns. B) are published annually by the federal government and are based on publicly available information. C) are published monthly by the federal government and are based on publicly available information. D) are published by private bond-rating agencies.
The logic of the exchange-rate effect begins with a change in the price level changing the interest rate
a. True b. False Indicate whether the statement is true or false
The combination of price level and real output that is compatible with both aggregate demand and aggregate supply is the definition of
A. Macro equilibrium. B. Disposable income. C. Real expenditures. D. Full-employment GDP.
An example of ad valorem taxation is
A) a tax on luxury items. B) the corporate income tax. C) the personal income tax. D) the Social Security tax.