Economic Variables That Generally Turn Down After a Recession Begins

question 96

Multiple Choice

Economic variables that generally turn down after a recession begins and turn back up after the recovery starts are called:

• A)leading indicators.
• B)coincident indicators.
• C)lagging indicators.
• D)none of the above.

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Definitions:

Simple Goodness

An attribute characterized by straightforwardness and purity of intention or action, devoid of complexity or ulterior motives.

Enlightenment Figure

An individual associated with the Enlightenment, a European intellectual movement of the 17th and 18th centuries advocating reason, freedom, and critical thinking.

Coalbrookdale Bridge

The first cast-iron arch bridge, opened in 1781 in Shropshire, England, marking a significant point in the development of engineering and the use of iron in construction.

Cast Iron

A type of iron that is highly carbonized, making it notably hard and brittle, used extensively in construction and cookware.