If x is useful for predicting future GDP then
A) x is coincident.
B) x is a lagging variable.
C) x is countercyclical.
D) x is a leading variable.
D
You might also like to view...
Injections to the economy include consumption, investment, and government spending
a. True b. False Indicate whether the statement is true or false
The equilibrium quantity is the common quantity where the amount of the product consumers want to buy (quantity demanded) is equal to the amount producers want to sell (quantity supplied).
Select whether the statement is true or false. A. True B. False
Arguments made against free trade include all of the following except
A) national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not. B) infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older, more established foreign industries. C) dumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against. D) free trade is inflationary and should be restricted in the domestic interest. E) if foreign governments subsidize their exports, foreign firms that export are given an unfair advantage that domestic producers should be protected against.
In the market for pollution permits, the demand for permits comes from:
A. firms that would prefer to use permits rather than incur abatement costs. B. the Chicago Board of Trade. C. firms with low abatement costs. D. the Environmental Protection Agency.