An Economic Variable That Doesn't Move in a Consistent Pattern

question 95

Multiple Choice

An economic variable that doesn't move in a consistent pattern with aggregate economic activity is called

• A)procyclical.
• B)countercyclical.
• C)acyclical.
• D)a leading variable.

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Definitions:

Aggregate Planning

A process in organizations to develop, analyze, and maintain a preliminary, approximate schedule of the overall operations.

Subcontracting

The act of assigning another company the responsibility to complete a portion of the work or services originally undertaken by oneself.

Overtime

Time worked beyond the standard hours set by a company policy or national regulation, often compensated at a higher pay rate.

Stockouts

Occurrences where items are not available for sale or use due to insufficient stock.