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Author Question: Economic activities that signal forthcoming changes in the economy are referred to as: a. ... (Read 65 times)

mydiamond

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on: Jun 30, 2018
Economic activities that signal forthcoming changes in the economy are referred to as:
 a. coincidental economic indicators.
  b. GDP implicit price deflators.
 c. lagging economic indicators.
 d. perfect economic indicators.
 e. leading economic indicators.

Question 2

According to the kinked demand theory, when one firm raises its price, other firms will:
 a. also raise their prices.
  b. refuse to follow.
  c. increase their advertising expenditures.
  d. exit the industry.


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mistyjohnson

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b


mydiamond

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

bitingbit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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