Pick the economic variable that is countercyclical
a. Government transfer payments
b. Prices
c. Consumption
d. Nominal interest rates
e. All of the above are countercyclical variables
.A
Economics
You might also like to view...
Which of the following is the BEST example of a good that is nonrival and excludable?
A) a can of Mountain Dew B) fish in the ocean C) cable television D) national defense
Economics
Inventory is the
a. net change in inventories of final goods awaiting sale. b. net change in inventories of materials used in the production process. c. included in investment when calculating GDP. d. Both a and b. e. All of the above.
Economics