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Questions and Answers
What is the state of the business cycle characterized by rising consumer demand and higher wages?
What is the state of the business cycle characterized by rising consumer demand and higher wages?
- Peak
- Trough
- Expansion (correct)
- Recession
Based on declining GDP over two quarters, what would be a leading economic indicator?
Based on declining GDP over two quarters, what would be a leading economic indicator?
- Consumer Price Index (CPI)
- Purchasing Managers' Index (PMI) (correct)
- Retail Sales
- Unemployment rate
If the economy is showing signs of moving into a recession, which company is likely to deliver the best returns?
If the economy is showing signs of moving into a recession, which company is likely to deliver the best returns?
- A discount store chain (correct)
- A luxury goods retailer
- Real estate developer
- Technology startup
What are profits that are not distributed to shareholders called?
What are profits that are not distributed to shareholders called?
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