Multiple Choice
Leading,coincident,and lagging indicators are based on the concept that:
A) expectations of future inflation is the driving force of the economy.
B) expectations of future profits are the driving force of the economy.
C) expectations of future unemployment is the driving force of the economy.
D) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: A decrease in resources,efficiency,or technology will shift
Q2: A decrease in wealth would shift the:<br>A)aggregate
Q4: Using the aggregate demand-aggregate supply diagram,graphically illustrate
Q5: Economic variables that generally move in tandem
Q6: The aggregate production function shows the quantity
Q7: The level of potential GDP does not
Q8: Explain the long-run consequences of continued increases
Q9: Aggregate supply changes much faster than aggregate
Q10: Federal spending and taxation both affect and
Q11: Briefly explain the difference between leading,coincident,and lagging