Economic Indicators and the Business Cycle
What measure of economic activity is often used to gauge the overall health and performance of an economy?
If a central bank engages in contractionary monetary policy during an inflationary period what is likely result within business cycles?
In the context of the business cycle, what typically happens to unemployment rates during a recession?
When a country's currency appreciates, what is the most likely immediate effect on its balance of trade?
What measure of economic activity represents the percentage of the working-age population that is actively participating in the labor force?
Considering that real interest rate differentials between countries can affect capital flows, how would an unexpected increase in domestic real interest rates likely impact a balance of payments?
Which policy tool can governments use to directly alleviate poverty?
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If the Federal Reserve sets a higher inflation target, what short-term effect might this have on unemployment?
What is generally expected to happen with consumer spending during an expansion phase of the business cycle?
If a country is experiencing high inflation with moderate growth, which monetary policy action could potentially bring down the inflation rate without significantly hindering economic growth?