Multiple Choice
Which statement is TRUE about the National Activity Index?
A) When the index has a zero value, the economy has reached a trough.
B) Negative values always mean the economy is in a recession.
C) Positive values indicate the economy may face a period of increasing inflation.
D) Negative values mean the economy is growing more slowly than its long-term trend.
Correct Answer:

Verified
Correct Answer:
Verified
Q215: One important reason economists track business investment
Q216: In 1933, Congress directed the _ to
Q217: Which of these is NOT included in
Q218: Karl's Keychain Company produces keychains that sell
Q219: Which of these are two things people
Q221: A(n) _ in the business cycle usually
Q222: Gross private domestic investment, which consists of
Q223: Martin purchases 500 shares of stock in
Q224: Business cycles<br>A) are always the same duration.<br>B)
Q225: During a typical economic recovery<br>A) inflation declines.<br>B)