A decline in new orders for durable goods is typically an indicator of a future _____ in economic production, and a fall in the average weekly hours in manufacturing is typically an indicator of a future _____ in economic production.
A)increase; slowdown
B)increase; increase
C)slowdown; increase
D)slowdown; slowdown

Question

Quizplus · Accepted Answer

A decline in new orders for durable goods suggests that businesses expect lower demand, leading to a future slowdown in economic production. Similarly, a fall in the average weekly hours in manufacturing indicates reduced production needs, also pointing to a future slowdown.

A Decline in New Orders for Durable Goods Is Typically