In describing the economic setting in the real goods market, ...

[nenivikky]

In describing the economic setting in the real goods market, which of the following economic measures is the most helpful?
 a. Current unemployment rate and labor force participation rate
  b. Annual inflation rate during the past year
  c. Current real exchange rate
  d. Percentage change in nominal GDP during the past year
  e. Current nominal exchange rate

Question 2

Pick the economic variable that is countercyclical.
 a. Investment
  b. Government transfer payments
  c. Prices
  d. Consumption
  e. Nominal interest rates

[bfulkerson77]

Answer to Question 1

.A

Answer to Question 2

.B

[nenivikky]

Correct answers!

[bfulkerson77]

Great! Please up vote