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Questions and Answers
Which state of the business cycle is characterized by rising consumer demand and higher wages?
Which state of the business cycle is characterized by rising consumer demand and higher wages?
- Contraction
- Expansion (correct)
- Recession
- Trough
Economic data shows that the gross domestic product (GDP) has been declining steadily over the past two quarters. This would suggest
Economic data shows that the gross domestic product (GDP) has been declining steadily over the past two quarters. This would suggest
- expansion
- inflation
- a depression
- a recession (correct)
Which of the following would be a leading economic indicator?
Which of the following would be a leading economic indicator?
- S&P 500 Index (correct)
- Industrial production
- Duration of unemployment
- Gross domestic product (GDP)
The economy appears to be moving into a recession. Which of the following companies will likely deliver the best returns if the recession fears prove accurate?
The economy appears to be moving into a recession. Which of the following companies will likely deliver the best returns if the recession fears prove accurate?
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Profits that are not distributed to shareholders are called
Profits that are not distributed to shareholders are called
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