Which of the following would be considered a leading indicator?
A) Inflation rate for services
B) Personal income
C) Inventories-to-sales ratio
D) Labor costs per unit of output
E) Consumer expectations
Correct Answer:
Verified
Q1: The most widely used measure of a
Q2: The Great Depression
A) was a prolonged economic
Q3: The four phases of a business cycle,
Q4: The period between a peak and a
Q6: A business cycle refers to
A) fluctuations in
Q7: Business cycles are
A) variations in the economy
Q8: The part of a business cycle that
Q9: The three types of indicators classified by
Q10: The longest period of increasing real GDP
Q11: Figure 11.1
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