Author Question: For the period 1947-2012, employment in the United States was A) procyclical and leading. B) ... (Read 78 times)

gbarreiro · **on:** Jun 30, 2018

For the period 1947-2012, employment in the United States was

A) procyclical and leading.
B) procyclical and lagging.
C) countercyclical and leading.
D) countercyclical and lagging.

Question 2

For a borrower in a (c,c') graph, the optimal consumption bundle is

A) to the left of the endowment point.
B) to the right of the endowment point.
C) on the endowment point.
D) dependent on other factors.