Variables that change before real GDP changes are measured by the:
a. personal income index.
b. real GDP index.
c. forecasting gauge.
d. index of leading indicators.
d
Economics
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Discuss three ways in which U.S. banks can become involved in international banking
What will be an ideal response?
Economics
When demand is unit elastic, price elasticity of demand equals
a. 1, and total revenue and price move in the same direction. b. 1, and total revenue and price move in opposite directions. c. 1, and total revenue does not change when price changes. d. 0, and total revenue does not change when price changes.
Economics