Which among the following would be an indicator suggesting recession a. Discretionary purchases, like sales of new automobiles, fall dramatically b. Sales of new homes fall c. The unemployment rate rises
Which among the following would be an indicator suggesting recession a. Discretionary purchases, like sales of new automobiles, fall dramatically b. Sales of new homes fall c. The unemployment rate rises
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 22CTQ: Inflation rates, like most statistics, are imperfect measures. Can you identify some ways that the...
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![Which among the following would be an
indicator suggesting recession
a. Discretionary purchases, like sales of
new automobiles, fall dramatically
b. Sales of new homes fall
c. The unemployment rate rises
significantly and is expected to keep
rising
d. 90-day T-bills rise and stay above 10-
year Treasuries
e. Inflation rises and is expected to keep
rising](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F50460947-ad4a-4fe6-b87c-78e76d9f9a2e%2F4196519e-5a98-41fb-afa8-f3a5490216fc%2Fh5xl6vi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which among the following would be an
indicator suggesting recession
a. Discretionary purchases, like sales of
new automobiles, fall dramatically
b. Sales of new homes fall
c. The unemployment rate rises
significantly and is expected to keep
rising
d. 90-day T-bills rise and stay above 10-
year Treasuries
e. Inflation rises and is expected to keep
rising
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