Which of the Following Macroeconomic Variables Is Countercyclical

question 31

Multiple Choice

Which of the following macroeconomic variables is countercyclical?

• A)real interest rates
• B)unemployment
• C)the money supply
• D)consumption

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Definitions:

Discrimination

The behavioural expression of prejudice.

Attitude

(a) A relatively enduring organization of beliefs, feelings, and behavioral tendencies towards socially significant objects, groups, events, or symbols. (b) A general feeling or evaluation – positive or negative – about some person, object, or issue.

Behaviour

What people actually do that can be objectively measured.

Legitimised

Made acceptable, lawful, or officially approved, often in a social, legal, or moral context.