The government's chief forecasting gauge for business cycles is the:
A) unemployment rate.
B) real GDP.
C) personal income index.
D) index of leading indicators.
Correct Answer:
Verified
Q10: Exhibit 6-1 Business cycle Q12: Exhibit 6-1 Business cycle Q13: Which of the following is a leading Q14: Which of the following is true of Q16: Which of the following is not a Q17: The period of declining growth in real Q18: The period of growth in real GDP Q19: If you look for a job for Q20: The phase of the business cycle that Q40: Economists usually use the term "recession" to
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