-Referring to the Graph Above,an Economic Variable That Had Peaked

question 50

Multiple Choice

-Referring to the graph above,an economic variable that had peaked in December 1912,November 1914,and February 1918 is likely a ________ variable.

• A)leading countercyclical
• B)leading procyclical
• C)lagging countercyclical
• D)lagging procyclical
• E)none of the above

---

Definitions:

Smith Act

A 1940 United States federal statute that criminalized the advocacy of overthrowing or destroying the U.S. government.

G.I. Bill

A law passed in 1944 providing a range of benefits for returning World War II veterans, including low-cost mortgages, low-interest loans to start a business, and tuition and living expenses for higher education.

Racial Inequality

The disparate treatment and opportunities afforded to individuals based on race, often manifesting in areas such as employment, education, and the justice system.

Fayetteville

A city in North Carolina, known for its historic importance and military installations.