An Example of a Lagging Economic Indicator Is The

question 84

Multiple Choice

An example of a lagging economic indicator is the:

• A) inflation rate.
• B) unemployment rate.
• C) new housing starts.
• D) producer price index.

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Definitions:

Unit Sales

A measurement of the total quantity of units of a product sold by a company.

Contribution Margin

The sum left over from sales income once all variable costs are subtracted.

Fixed Expenses

Costs that do not change with the level of production or sales over a certain time period, such as rent, insurance, and salaries.

Break Even

A situation where the overall expenses match the overall income, causing zero net profit or loss.