5 Questions
Which state of the business cycle is characterized by rising consumer demand and higher wages?
Expansion
Economic data shows that the gross domestic product (GDP) has been declining steadily over the past two quarters. This would suggest
a recession
Which of the following would be a leading economic indicator?
S&P 500 Index
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?
Hinckley Gold and Silver Mining
Profits that are not distributed to shareholders are called
retained earnings interest
Test your knowledge on the state of the business cycle characterized by increasing consumer demand and higher wages. Identify which phase this represents in the economic cycle.
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