EconomicActivity02/2012A. leading countercyclicalB. leading procyclicalC. lagging countercyclicalD. lagging procyclicalE. none of the above11/201403/20131. Referring to the graph above, an economic variable that had achieved the lowest point(trough) in March 2012, and December 2014, and June 2019 is likely avariable.06/2018A. 51 monthsB. 5 years and 3 monthsC. 6 years and 2 monthsD. 44 monthsE. 20 months05/20192. According to the graph above, the contraction/recession that began in 03/2013 had a durationof around

1. Referring to the graph above, an economic variable that had achieved the lowest point variable. (trough) in March 2012, and December 2014, and June 2019 is likely a A. leading countercyclical B. leading procyclical C. lagging countercyclical D. lagging procyclical E. none of the above

1. Referring to the graph above, an economic variable that had achieved the lowest point variable. (trough) in March 2012, and December 2014, and June 2019 is likely a A. leading countercyclical B. leading procyclical C. lagging countercyclical D. lagging procyclical E. none of the above

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter2: Fundamental Economic Concepts

Section: Chapter Questions

Problem 5E

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Question

Economic
Activity
02/2012
A. leading countercyclical
B. leading procyclical
C. lagging countercyclical
D. lagging procyclical
E. none of the above
11/2014
03/2013
1. Referring to the graph above, an economic variable that had achieved the lowest point
(trough) in March 2012, and December 2014, and June 2019 is likely a
variable.
06/2018
A. 51 months
B. 5 years and 3 months
C. 6 years and 2 months
D. 44 months
E. 20 months
05/2019
2. According to the graph above, the contraction/recession that began in 03/2013 had a duration
of around

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