C/ Choose the best option
Refer to the Text
1. Leading economic indicators
a) Depict things changing ahead of any changes in the economy
b) Pave the way to changes to come
c) Are the main indicators
2. GDP is used to measure
a) productivity
b) domestic economic activity
c) Foreign Direct Investment
3 . The unemployment rate in the USA is published
a) on a monthly basis
b) on a quarterly basis
c) fortnightly
4. A lagged countercyclical statistic is an indicator
a) that immediately reacts to changes in the opposite direction of the economy
b) that changes upward prior to any change in the economy
c) that takes 6 to 9 months before changing in the opposite direction as the economy
5. If we want to have an idea about trends in consumer demand, it is worthwhile to examine:
a) Business sales and inventories
b) New construction
c) Producer prices
