Question
choices are
preceded
followed
a
ccompanied
Aa Aa 3. Business cycle indicatons Identity whether each of the following is a leading, coincident, ar lagging indicator for a business cycle. Indicators Leading Coincident Lagging Money supply Delayed deliveries Consumer credit to personal income ratio Duration of unemployment ndustrial production Increases i turn, means highe in new manufacturers' orders tend to indicate that consumer spending will rise in the near future. This, in r real GDP and higher industial production. Therefore, increases in new manufacturers' orders tend by a rise in real GDP. In turn, a rise in real GDP tends to be to be ncreases in industrial production, As industrial productian increases, businesses will need more workers and l increase the number of new hires. Therefore, a rise in real GDP tends to be unemployment rate by by a decrease in
Explanation / Answer
Money Supply - Leading
Consumer Expectation - Leading
Delayed Deliveries - Leading
Consumer credit to personal income ratio - Lagging
Duration of unemploynment - Lagging
Industrial Production - Coincident
1. Preceeded
2. Accompanied
3. followed
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