Which of the following is a leading business cycle indicator?
A) The unemployment rate.
B) The volume of outstanding commercial loans.
C) New building permits.
D) Personal income.
Correct Answer:
Verified
Q22: The business cycle consists of four phases.
Q23: Which of the following is not a
Q24: Suppose the index of leading economic indicators
Q25: Exhibit 12-1 Business cycle Q26: A long and deep recession in the Q28: A general rule is that economy is Q29: Economic growth is measured by the annual Q30: Which of the following percentages is closest Q31: Exhibit 12-1 Business cycle Q32: The phase in the business cycle in
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