You Are Given Information About the Following Leading Indicators

question 37

Essay

You are given information about the following leading indicators. For each indicator explain whether the information suggests that a recession or expansion should be expected in the future.
a. Average initial weekly claims for unemployment insurance rise.
b. New building permits issued increases.
c. The interest rate spread between the 10-year Treasury note and the 3-month Treasury bill narrows.
d. The Index of Supplier Deliveries falls.

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Definitions:

Ideal Self

A person's conception of how they would like to be; it represents one's goals, aspirations, and unique ideal personality.

Defense Mechanisms

Covert psychological tactics utilized to deter stress provoked by undesirable thoughts or feelings.

Faulty Logic

A type of reasoning or thought process that is flawed, erroneous, or does not follow the principles of sound reasoning.

Cognitive-affective Units

are mental structures that determine how individuals process information and emotions in relation to their beliefs and attitudes.