ECONOMICS
BUSINESS CYCLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Gross Domestic Product
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Consumer Price Index
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National Inflation Level
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Unemployment Rate
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Detailed explanation-1: -Decreased women participation in job market is not an indicator of economic development. It is not an indicator of economic development as the decreasing percentage of women will generate lower level of national income, in turn national output of an economy will also get decreased.
Detailed explanation-2: -There are three types of economic indicators: leading indicators, lagging indicators, and coincident indicators.
Detailed explanation-3: -The most well-known indicator of inflation is the Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households.
Detailed explanation-4: -Interest Rates. Interest rates are the most significant indicators for banks and other lenders. Gross Domestic Product (GDP) Government Regulation and Fiscal Policy. Existing Home Sales.