A leading countercyclical variable ________
A) reaches a peak before the peak of the business cycle
B) reaches a trough before the peak of the business cycle
C) reaches a trough along with the trough of a business cycle
D) all of the above
E) none of the above
B
Economics
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The total amount of consumption of a society can be increased if
a. firms allow each worker to perform multiple tasks. b. resources are allocated by a central planning group. c. individuals engage in specialization and voluntary trade. d. barter exchange is used in place of money.
Economics
Reduction or elimination of dividend taxes is designed, in part, to
A. reduce inefficiencies in the production process. B. increase corporate tax levels. C. reduce the double taxation burden on individuals. D. make rich people richer.
Economics