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    Macroeconomics Policy and Practice
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    Exam 8: Business Cycles: an Introduction
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    -Referring to the Graph Above,an Economic Variable That Had Peaked
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-Referring to the Graph Above,an Economic Variable That Had Peaked

Question 1

Question 1

Multiple Choice

  -Referring to the graph above,an economic variable that had peaked in December 1912,and July 1918 is likely a ________ variable. A) leading countercyclical B) leading procyclical C) lagging countercyclical D) lagging procyclical E) none of the above
-Referring to the graph above,an economic variable that had peaked in December 1912,and July 1918 is likely a ________ variable.


A) leading countercyclical
B) leading procyclical
C) lagging countercyclical
D) lagging procyclical
E) none of the above

Correct Answer:

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