To identify the onset of a recession, the National Bureau of Economic Research (NBER) Business Cycle Dating Committee,
A) tracks real GDP and nominal GDP for two consecutive quarters only.
B) uses a range of indicators including real GDP, employment and income.
C) identifies economic activity solely with real GDP.
D) uses procedure that determines the dates of peaks and troughs mainly on the basis of employment.
Correct Answer:
Verified
Q28: Which of the following statements is true?
A)
Q29: Deflation is defined as:
A) a decrease in
Q31: What is a hyperinflation?
A)It is an inflation
Q33: Which of the following is a consequence
Q34: Which of the following statements is true?
A)Over
Q36: If deflation occurs and your income is
Q37: The sequence of a business cycle phases
Q38: A number whose movement reflects movement in
Q39: Which of the following statements is true?
I.Inflation
Q40: Which of the following individuals is not
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