Which of the following is not a coincident indicator of the business cycle?
a. Unemployment claims
b. Payroll employment
c. Industrial production
d. Personal income
e. Manufacturing and trade sales
a
Economics
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In perfectly competitive markets, firms operate where MC = MR and because of this, they are not making any economic profit.
Answer the following statement true (T) or false (F)
Economics
Accountants keep track of the money that flows into and out of firms
a. True b. False Indicate whether the statement is true or false
Economics
At a growth rate of 6% an economy will double in size in:
A. 7 years. B. 6 years. C. 14 years. D. 12 years.
Economics
The amount consumers are willing and able to buy at a particular price during a specified period of time is the
A. demand. B. quantity supplied. C. supply. D. quantity demanded.
Economics