Among the Most Important Indicators Used by the NBER Business

question 43

Multiple Choice

Among the most important indicators used by the NBER Business Cycle Dating Committee to determine the beginning of the 2007-2009 recession were each of the following indicators EXCEPT:

• A) industrial production.
• B) total sales in manufacturing, wholesale trade, and retail trade.
• C) the consumer price index.
• D) nonfarm employment.

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Definitions:

Satisfied Employees

Workers who feel content, fulfilled and happy with their job and workplace conditions.

Satisfy Customers

The process of fulfilling or exceeding the expectations and needs of customers, often seen as crucial to business success.

Organizational Citizen

An employee who voluntarily contributes positively to the organizational culture and coherence beyond their required job tasks.

Job Description

A Job Description outlines the roles, responsibilities, and qualifications required for a specific position within an organization.