-Referring to the graph above,an economic variable that had peaked in December 1912,November 1914,and February 1918 is likely a ________ variable.
A)leading countercyclical
B)leading procyclical
C)lagging countercyclical
D)lagging procyclical
E)none of the above

Question

-Referring to the graph above,an economic variable that had peaked in December 1912,November 1914,and February 1918 is likely a ________ variable.
A)leading countercyclical 
B)leading procyclical 
C)lagging countercyclical 
D)lagging procyclical 
E)none of the above

Quizplus · Accepted Answer

The question refers to specific peaks in an economic variable at certain historical points, but without seeing the actual graph or having more context about the economic conditions during those times, it's impossible to accurately determine whether the variable is leading or lagging, and whether it is procyclical or countercyclical. Therefore, "none of the above" is the correct choice.

-Referring to the Graph Above,an Economic Variable That Had Peaked