What is meant by a leading indicator? Comment on the OECD data below showing an index of composite indicators for the OECD area.
Definitions:
Auction Without Reserve
An auction in which the item for sale will be sold to the highest bidder without a minimum reserve price being set.
Auction With Reserve
An auction at which the auctioneer has the right to withdraw goods and not sell them if acceptable bids are not made.
Enforced Auction
A legal process where items are sold to satisfy debts owned by their owner.
Firm Offer
In contract law, an offer that is expressly made irrevocable for a specified period of time by the offeror.
Q10: The Stability and Growth Pact set a
Q11: The United Kingdom should grow faster than
Q13: Suppose that the government spends more on
Q15: The major advantage of investment funds is
Q15: When a government fails to balance its
Q20: The actual output gap is difficult to
Q29: An accounting practice whereby a firm values
Q37: An increase in capital should cause the
Q40: The set of actions taken by the
Q40: The IS curve will be flatter the