Leading and lagging indicators show the effects of economic fluctuations but coincident indicators do not
a. True
b. False
Indicate whether the statement is true or false
False
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During periods of recession unemployment:
A. is more common. B. is less common. C. is uncorrelated to periods of recession. D. rates are the same for all groups of the working population.
To achieve the optimal provision of public goods, the
a. market should be allowed to arrive at an equilibrium without government intervention. b. government must limit the provision of the goods. c. government must tax producers of the goods. d. government must either provide the goods or subsidize their production.
As productivity in the manufacturing sector increases, the service sector must keep pace or it will become more expensive in the long run.
Answer the following statement true (T) or false (F)
If money was not used as a medium of exchange,
What will be an ideal response?