Which of the following is considered to be one of the key lagging economic indicators?
A) housing starts
B) durable-goods orders
C) price changes
D) corporate profits
E) Social Security
Answer: D
Explanation: Corporate profits and unemployment are among the key lagging indicators. For example, companies tend to reduce their workforces after the economy has slowed down and sales revenues have dropped.
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Twenty years after the Clayton Act, the growth of grocery store chains led many to fear that retail chains presented a threat to smaller, independent retailers. The federal government enacted the ________ to make it unlawful to discriminate in prices charged to different purchasers of the same product, where the effect may substantially lessen competition or help to create a monopoly.
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