The Index of Leading Indicators
A. turns downward just before recessions begin and turns upward before recoveries set in.
B. turns downward well before recessions begin and turns upward before recoveries set in.
C. turns downward well before recessions begin and turns upward just at the time recoveries set in.
D. turns downward just before recessions begin and turns upward just at the time recoveries set in.
B. turns downward well before recessions begin and turns upward before recoveries set in.
You might also like to view...
Which of the following statements about capital markets is true?
A) At one time, the U.S. capital market was larger than all other capital markets combined, but that is no longer the case. B) The U.S. capital market is currently larger than all other capital markets combined. C) The largest capital markets in the world today are in East Asia and Latin America. D) There are currently large capital markets in Europe, but none in Asia.
A firm will invest in a project if
A) the interest rate exceeds the opportunity cost of the project. B) the firm's level of capital is at the desired level. C) the firm's level of capital is higher than the desired level. D) the rate of return of the project is greater than the opportunity cost of the investment.
A change in the price level in an economy will be depicted by a movement along the AE curve and not by a leftward or rightward movement of the curve
a. True b. False Indicate whether the statement is true or false
Profit-maximizing, competitive firms will not discriminate in the hiring of workers unless consumers exercise a preference for discrimination in product markets or governments mandate discrimination
a. True b. False Indicate whether the statement is true or false