Which of the following observations concerning leading economic indicators is true?
a. They provide warnings of likely downturns
b. They provide accurate information on the depth of a downturn.
c. They provide accurate information on the duration of a downturn.
d. Both b. and c. are true.
a
Economics
You might also like to view...
Under the Bretton Woods system, U.S. dollars were redeemable for ________ only if the dollars were presented by a foreign central bank
A) silver B) gold C) foreign currency D) U.S. Treasury bonds
Economics
Unlike demand-pull inflation, cost-push inflation:
A. is self-limiting. B. drives up the price level. C. increases nominal income. D. increases real income.
Economics