Which of the following economic indicators tends to move in the opposite direction of where the economy is headed?
A)procyclical indicators
B)employment rate
C)gross domestic product
D)counter cyclical indicators

Question

Quizplus · Accepted Answer

Counter cyclical indicators tend to move in the opposite direction of the economy. This means that they tend to rise during economic downturns and fall during economic expansions. Examples of counter cyclical indicators include unemployment rates and government spending on welfare programs.

Which of the Following Economic Indicators Tends to Move in the Opposite