MC: Understanding Business Cycles Flashcards
(4 cards)
1
Q
Potential GDP can also be called full _______.
A
Employment
2
Q
List some of the LEADING style economic indicators.
A
Stock market
House prices
Retail sales
Interest Spread
Expectations
3
Q
List some of the COINCIDENT style economic indicators.
A
Industrial production
Personal incomes
Manufacturing sales
4
Q
List some of the LAGGING style economic indicators.
A
Duration of employment
inventory-sales ratio
Inflation
