Which of the following macroeconomic variables is procyclical and coincident with the business cycle?

A. Unemployment
B. Residential investment
C. Nominal interest rates
D. Industrial production


Answer: D

Economics

You might also like to view...

A monopolist is able to sell 5 units of output at $2.50 per unit and 6 units of output at $3.50 per unit. It will produce and sell the sixth unit if its marginal cost is:

a. $8.90. b. $8.50. c. $8.35. d. $8.00.

Economics

If aggregate demand turns out to be lower than anticipated, then the short-run equilibrium occurs at an output level ________ potential output. This difference between short-run equilibrium output and potential output is called a(n) ________ gap

a. below; expansionary b. below; recessionary c. above; expansionary d. above; recessionary

Economics

In 2015, approximately what percentage of the public debt was held by foreign individuals and institutions?

A. 41 percent B. 34 percent C. 15 percent D. 26 percent

Economics

A perfectly competitive firm's marginal cost curve above the minimum of the average variable cost curve is its:

A. short-run supply curve. B. average cost schedule. C. capacity output schedule. D. total revenue minus total cost schedule.

Economics