Unemployment is referred to as a lagging indicator because
A) it tends to stay high for many months after output stops declining during a recession.
B) reports on unemployment statistics tend to lag behind reports on inflation statistics.
C) it takes time to collect information regarding unemployed individuals..
D) it indicates economic activities from the year before.
A
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What will be an ideal response?
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Indicate whether the statement is true or false
Over the past two decades the U.S. has persistently had trade deficits
a. True b. False Indicate whether the statement is true or false
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What will be an ideal response?