Author Question: One of the series included among the lagging indicators is A) the change in sensitive material ... (Read 17 times)

JGIBBSON

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One of the series included among the lagging indicators is
 
  A) the change in sensitive material prices.
  B) the index of industrial production.
  C) employees on non-agricultural payrolls.
  D) average duration of unemployment.

Question 2

An increase in unearned income always creates a disincentive to work
 
  Indicate whether the statement is true or false



tuate

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Answer to Question 1

D

Answer to Question 2

False. The effect on labor supply will also depend on the individual's preferences towards work (leisure).



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