Industrial production is an example of a:

A) leading indicator.
B) coincident indicator.
C) lagging indicator.
D) none of the above.

B

Economics

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When calculating real GDP, the reference base year

A) allows us to account for changes in GNP compared to GDP. B) always reduces the value of GDP compared to GNP. C) allows us to calculate the value of the goods and services in terms of prices of that base year. D) usually increases the value of GNP compared to GDP. E) allows us to increase the value of goods and services.

Economics

Describe how UPS has used positive technological change to improve its package handling and delivery schedule

What will be an ideal response?

Economics