Some of the Major Coincident Indicators Would Be

question 39

Multiple Choice

Some of the major coincident indicators would be:

• A)Money supply (M2); consumer expectations,stock prices (S&P 500)
• B)Personal income,employees on nonagricultural payrolls; industrial production
• C)Average prime rate charged by banks; labor cost per unit of output; commercial and industrial loans outstanding
• D)All of the above are coincident indicators.

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Definitions:

Check Register

A record of all checks written, deposits made, and balances in a checking account, used for managing finances.

Bank Statement

A summary of financial transactions that have occurred over a given period on a bank account.

Outstanding Checks

Checks that do not appear on the bank statement.

Compounded Monthly

Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a monthly basis.