Suppose the National Activity Index of the Federal Reserve Bank of Chicago drops to -0.83 this month after being above +0.36 for the previous three months. This movement in the index indicates that:

A. The economy has probably moved into a recession.
B. The rate of economic growth has slowed, but not enough to suggest that a recession is imminent.
C. The rate of economic growth has dropped below the historical trend rate of growth, and the economy has reached a trough.
D. The economy is at its peak this month but will move into the recession stage in the near future.

Question

29-06-2024
Social Studies

Answered

Suppose the National Activity Index of the Federal Reserve Bank of Chicago drops to -0.83 this month after being above +0.36 for the previous three months. This movement in the index indicates that:

A. The economy has probably moved into a recession.
B. The rate of economic growth has slowed, but not enough to suggest that a recession is imminent.
C. The rate of economic growth has dropped below the historical trend rate of growth, and the economy has reached a trough.
D. The economy is at its peak this month but will move into the recession stage in the near future.

Answer :

Other Questions

Which quotation from "Little Red Riding Hood" explains the theme?A. "As long as I live, I will never by myself leave the path, to run into the wood, when my mot

Supervisors and managers:A. Hold sole responsibility for keeping the workplace free from sexual harassment.B. Have a clear obligation to report incidents of sex

4. How did De Gouges hope to show that the French Revolution failed to bring equality to both men and women? Give examples from the document.

Convert the following numbers to standard form:a) [tex][tex]$2.7 \times 10^3$[/tex][/tex] b) [tex][tex]$4.5 \times 10^4$[/tex][/tex] c) [tex][tex]$7.56 \times

Which statement about ASD and immunization is true?A. To date, there has been no causal link established between vaccines and autism.B. The immunization that ha

What is the value of the rational expression below when [tex][tex]$x$[/tex][/tex] is equal to 3?[tex]\[ \frac{12-x}{x-6} \][/tex]A. -3 B. 3 C. -9 D. 9

How to resolve overlapping prefixes or suffixes issues for s3 event notification configurations.?

What is the following sum? Assume [tex][tex]$x \geq 0$[/tex][/tex] and [tex][tex]$y \geq 0$[/tex][/tex].[tex]\[ \sqrt{x^2 y^3} + 2 \sqrt{x^3 y^4} + x y \sqrt{y}

What does a claim of policy argue?A. Whether something is morally right or wrongB. Whether or not a specific action should take placeC. Whether something is an

Which of the following will cause the demand curve for product A to shift to the left?A. Population growth that causes an expansion in the number of persons con

GinnyAnswer GinnyAnswer · Answer 1 · 2024-06-29T18:05:47-04:00

Final answer:

A drop in the National Activity Index from +0.36 to -0.83 signifies a slow down in economic growth, not an immediate recession, requiring a thorough analysis of multiple economic factors to gauge the economic health accurately.

Explanation:

The movement in the National Activity Index of the Federal Reserve Bank of Chicago from +0.36 to -0.83 indicates that the rate of economic growth has slowed, but not enough to suggest that a recession is imminent. A decrease in the index value suggests a slowdown in growth, rather than a confirmation of recession.

When analyzing economic indicators like this index, it's essential to consider various factors such as interest rates, inflation, and employment data to get a comprehensive view of the economy's health.

Understanding the nuances of economic indicators and their implications helps policymakers, like the Federal Reserve, make informed decisions regarding monetary policy to stabilize the economy.

Learn more about Economic Indicators and Monetary Policy here:

https://brainly.com/question/11466234