Which Is NOT a Criticism of the National Bureau of Economic

question 14

Multiple Choice

Which is NOT a criticism of the National Bureau of Economic Research's recession dating?

• A) Dates are announced long after the economy turned.
• B) Deliberations are not made public.
• C) Its use of revised data introduces errors in dating.
• D) There is no single consistent methodology used in dating.

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Definitions:

Return On Assets

A measure of a company's profitability, indicating how efficient it is at using its assets to generate earnings.

Statement Of Cash Flows

A report detailing how shifts in income and balance sheet figures impact cash and its equivalents.

Cash Balance

The amount of cash or cash equivalents that a company or individual has available at any given time.

Common-Size Statement

A common-size statement is a financial statement in which each line item is expressed as a percentage of a certain figure for the purpose of comparison and analysis, such as revenues in an income statement.