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:

Addiction

Addiction is a psychological and physical inability to stop consuming a chemical, drug, activity, or substance, even though it is causing psychological and physical harm.

Brain Areas

Specific regions within the brain specialized for distinct cognitive or physiological functions.

Motivation

The driving force or reason behind an individual's actions, desires, and needs.

Attention

Attention is the cognitive process of selectively concentrating on one aspect of the environment while ignoring other things, essential for various cognitive functions.