What is the main reason that economic indicators can be misleading?
A) All the indicators are difficult to measure.
B) Some economic variables are wrongly classified as coincident indicators.
C) The Department of Commerce never makes the indicators available to the public.
D) There is no discernible link between the indicators and real GDP changes.
E) The economic indicators often signal expansions or recessions that do not occur.
Correct Answer:
Verified
Q35: The official unemployment rate is the number
Q36: Which of the following people is seasonally
Q37: When interpreting government statistics, we must be
Q38: In the official labor statistics, discouraged workers
Q39: If stock (market) prices are a leading
Q41: Which of the following would tend to
Q42: There will be _ pressure on wages
Q43: _ unemployment is short term; _ unemployment
Q45: Potential real GDP is the output level
Q48: Structural unemployment will decline if:
A)more seasonal work
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