Which of the Following Is Not a Variable in the Index

question 82

Multiple Choice

Which of the following is not a variable in the index of leading indicators?

• A) average work week
• B) duration of unemployment
• C) employment claims
• D) new businesses

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Definitions:

Excess Reserves

The funds that banks hold over and above the required reserve ratio set by the central bank.

Money Supply

The overall sum of financial resources present in an economy at a given moment.

Open Market Operations

are actions taken by central banks to buy or sell government securities in the open market to control the money supply and influence interest rates.

Federal Reserve Notes

The paper currency issued by the Federal Reserve System in the United States, serving as the nation's primary form of legal tender.