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Author Question: A leading indicator: a. changes in either direction before a recession starts. b. usually declines ... (Read 106 times)

ETearle

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A leading indicator:
 a. changes in either direction before a recession starts.
  b. usually declines before a recession starts.
  c. generally changes after real GDP changes.
  d. remains unaffected by changes in real GDP.
  e. does not change with business cycles.

Question 2

Which of the following monthly data series is closely observed by the Business Cycle Dating Committee of the NBER?
 a. Real personal income less transfer payments
  b. Wholesale prices of goods
  c. Real GDP
  d. Total unemployment
  e. Real interest rates



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xMRAZ

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Answer to Question 1

b

Answer to Question 2

a





 

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