Which is responsible for dating business cycles?
A) Congressional Budget Office
B) Business Cycle Committee of the National Bureau of Economic Research
C) President's Council of Economic Advisors
D) New York City Federal Reserve Bank president
E) Board of Governors of the Federal Reserve System

Question

Quizplus · Accepted Answer

The Business Cycle Committee of the National Bureau of Economic Research is responsible for dating business cycles. This group analyzes economic data to determine the beginning and end dates of recessions and expansions in the United States. They are considered to be the authority on business cycle dating in the country.

Which Is Responsible for Dating Business Cycles