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Author Question: Which of the following is a Leading Economic Indicator? A) commercial and industrial loans ... (Read 162 times)

LCritchfi

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on: Jul 1, 2018
Which of the following is a Leading Economic Indicator?
 
  A) commercial and industrial loans outstanding
  B) industrial production
  C) average weekly duration of unemployment
  D) None of the above

Question 2

A per unit subsidy increases both consumer and producer surplus, but results in a deadweight loss.
 
  Indicate whether the statement is true or false


joneynes

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

True . The government expenditure more than offset the gains to consumer and producer surplus, resulting in a deadweight loss.


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