An economic variable that doesn't move in a consistent pattern with aggregate economic activity is called

A) procyclical.
B) countercyclical.
C) acyclical.
D) a leading variable.

C

Economics

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Refer to Figure 21.2. If area A = 2,000, area B = 400, and area C = 2,600, what is the Gini coefficient for Ruratania (rounded to two decimal places)?

A) 0.08 B) 0.15 C) 0.48 D) 0.92

Economics

According to the quantity theory of money, deflation will occur if the

A) money supply is more than real GDP. B) money supply is less than real GDP. C) money supply grows at a slower rate than real GDP. D) money supply grows at a faster rate than real GDP.

Economics