Indicators of economic activity that move at the same time as the overall economy are called ________ indicators.
A. short-term
B. real
C. long-term
D. coincident
Answer: D
You might also like to view...
Which of the following is not true about utility? a. Utility varies from individual to individual
b. Marginal utility tends to decline, the more of a good or service is consumed. c. When marginal utility is at its maximum, total utility is zero. d. All of the above are true about utility.
In a free market for depletable natural resources, any shortage where there is an excess of quantity demanded over quantity supplied must be
a. expected as a matter of course. b. due to a price floor. c. the result of discovery of new deposits of the resources. d. artificial.
The benefit to buyers of participating in a market is measured by
a. consumer surplus. b. producer surplus. c. total surplus. d. deadweight loss.
If marginal utility is positive, then total utility is:
A. constant. B. negative. C. increasing. D. decreasing.