Economic Variables That Generally Move in Tandem with the Overall

question 5

Multiple Choice

Economic variables that generally move in tandem with the overall phases of the business cycle are called:

• A)leading indicators.
• B)coincident indicators.
• C)lagging indicators.
• D)none of the above.

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Definitions:

Admittance

Refers to the permission granted for entry into a system or location, or in electrical engineering, it’s the measure of how easily an alternating current flows through a conductor.

Partnership

A legal arrangement between two or more parties who agree to do business together and share its profits and losses.