One of the first organizations to investigate the business cycle was
A)the Federal Reserve System.
B)the National Bureau of Economic Research.
C)the Council of Economic Advisors.
D)the Brookings Institution.

Question

Quizplus · Accepted Answer

The National Bureau of Economic Research (NBER) was founded in 1920 and is one of the earliest organizations to investigate the business cycle. Its primary role is to conduct and disseminate economic research, including analyzing economic indicators and determining the dates of business cycles. The Federal Reserve System, Council of Economic Advisors, and Brookings Institution were all founded later and have different focuses.

One of the First Organizations to Investigate the Business Cycle