(Consider This) The supply of higher education in the United States is

McDonald's can offset the decline in demand by influencing the different variables that affected the demand function for their products

Indicate whether the statement is true or false

Which of the following is a widely-used and closely-watched forecasting tool concerning the future direction of the macro-economy?

a. the excess reserves of commercial banks b. the Phillips curve c. the index of leading indicators d. the current budget deficit or surplus e. the velocity of the M1 money supply