11.1 economic indicators
The measure of the inflation rate is
The consumer price index
Deflation occurs during
a recession, coinciding with an economic contraction
the U.S. gross domestic product is best descibed as
all goods and services produced within the nation
All of the following are coincident indicators except
changes in durable goods inventories
The measure of economic output generated from within a nation's borders is
gross domestic product
A measure of a nation's citizen's economic activity is
gross national product
Stagnation in the economy can be associated with
high unemployment
Which of the following is a coincident indicator
household income
Which of the following is a lagging indicator
increase in the consumer loans to personal income ratio
An analysts is trying to determine upcoming economic activity to better determine her recommended investment strategy. She would be most interested in
leading indicators
Which of the following can encourage economic growth because gradually increasing prices tend to stimulate business investment
mild inflation
Which of the following is a leading indicator
new order for consumer goods
All of the following are lagging indicators except
personal income
All of the following are leading indicators except
personal income
Economic growth has slowed to a halt with little consumer demand, but prices for goods and services are still rising. This is known as economic
stagflation
Economic reports show that there is a general rise in prices for consumer goods and a high unemployment rate occurring simultaneously. This combination can best be described as
stagflation
Increasing cost of goods and services and high unemployment are characteristics of
stagflation
The economy is showing that employment is low, there is little consumer demand, and loans for expansion and retooling are way down, showing a lack of business activity. Yet prices for consumer goods are still rising. Economists would call this a period of
stagflation
When the economy shows high unemployment and is failing to expand as measured by a lack of consumer demand and business activity, but prices for goods and services are still rising, this could be described as what
stagflation
Several months of slow economic growth and rising unemployment have characterized the economy. Market analysts would describe this as a period of
stagnation
The consumer price index is a measure of
the change in prices