Multiple Choice
Among the most important indicators used by the NBER Business Cycle Dating Committee to determine the beginning of the 2007-2009 recession were all of the following except:
A) industrial production.
B) total sales in manufacturing, wholesale trade, and retail trade.
C) the consumer price index.
D) nonfarm employment.
Correct Answer:
Verified
Correct Answer:
Verified
Q48: The following data give the dates
Q49: An informal definition of a recession is
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Q51: According to Okun's law, when cyclical unemployment
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Q54: If potential output for an economy equals
Q55: Workers in durable-goods industries are _ workers
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