Which of these economic variables is procyclical?
A) consumer spending
B) stock prices
C) the government bond spread
D) all of the above
E) none of the above
D
Economics
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A decrease in nominal gross domestic product necessarily entails a decrease in
A) both real output and the price level. B) either real output or the price level (or both). C) real output and employment. D) the price level and employment.
Economics
An economic benefit of capital outflows is that they
A) create future income payment inflows. B) increase domestic investment. C) reduce domestic saving. D) reduce domestic unemployment.
Economics