Which of the following would indicate the beginning of an expansionary phase in an economy?
a. A minor increase in the number of new firms
b. A decline in stock market prices
c. An improvement in consumer confidence
d. A slowdown in housing construction
e. A decrease in the number of orders for new equipment
c
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Which of the following would cause the demand for loanable funds to increase?
a) A reduction in consumer confidence that causes people to save more. b) A new investment tax credit for businesses to expand. c) A major sporting event in town that causes people to withdrawl money from their bank accounts. d) A reduction in government spending.
The Bureau of Economic Analysis releases its estimate for GDP before it releases its estimate for GDI
A) only for the first quarter of the year. B) only for the first two quarters of the year. C) only for the fist three quarters of the year. D) for all four quarters of the year.