Economics Flashcards
1
Q
leading economic indicators
A
Stock market Housing starts Commodity prices Manufacturers’ new orders The Yield Curve
2
Q
coincident economic indicators
A
GDP Personal income Retail sales Industrial Production Manufacturing and trade sales volume Number of employees of non-agricultural payroll
3
Q
lagging economic indicators
A
Unemployment rate
Duration of unemployment
Changes in the Consumer Price Index (Rate of Inflation)
Average prime interest rate charged by banks
Level of inventory
Ratio of consumer credit to personal income
Level of private sector capital investment
Exchange rate
4
Q
What happens to interest rates when yield curves are downward.
A
expected to fall
5
Q
What happens when yield curves are downward
A
GDP, employment, housing starts expected to decrease
