BEC Economic Theory Review 8

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Businesses or industries that perform much better than average during expansions and much worse than average during recessions are called --------------.

Businesses or industries that perform much better than average during expansions and much worse than average during recessions are called cyclical.
Businesses or industry that perform better than average during recessionary phases and worse during expansionary phases are called ------------------------------------.

Businesses or industry that perform better than average during recessionary phases and worse during expansionary phases are called counter - cyclical or defensive.
What are the 4 phases of business cycle?

------------
------------
-------------
------------
- Trough
- Recovery
- Peak
- Recession
What are indicators in economic theory?

indicators are used in the attempt to forecast business phases before they happen.
Indicators that occur before the phase change in the cycle are classified as ---------------------.

Indicators that occur before the phase change in the cycle are classified as leading indicators.
What are the 7 leading indicators most often used?

1. ---------------------

2. -----------------------

3. Stock Prices

4. Raw material price changes.

5. Residential Building Permits.

6. Vendor Delivery Times & Unfilled Durables Orders

7. Money Supply Changes

1. Average Hours worked per week by manufacturing workers.

2. initial unemployment claims.

3. Stock Prices

4. Raw material price changes.

5. Residential Building Permits.

6. Vendor Delivery Times & Unfilled Durables Orders

7. Money Supply Changes
What are the 7 leading indicators most often used?

1. Average Hours worked per week by manufacturing workers.

2. initial unemployment claims.

3. ---------------------

4. ----------------------------

5. Residential Building Permits.

6. Vendor Delivery Times & Unfilled Durables Orders

7. Money Supply Changes

1. Average Hours worked per week by manufacturing workers.

2. initial unemployment claims.

3. Stock Prices

4. Raw material price changes.

5. Residential Building Permits.

6. Vendor Delivery Times & Unfilled Durables Orders

7. Money Supply Changes
What are the 7 leading indicators most often used?

1. Average Hours worked per week by manufacturing workers

.2. initial unemployment claims.

3. Stock Prices

4. Raw material price changes.

5. ---------------------------

6. ---------------------------------

7. Money Supply Changes

1. Average Hours worked per week by manufacturing workers.

2. initial unemployment claims.

3. Stock Prices

4. Raw material price changes.

5. Residential Building Permits.

6. Vendor Delivery Times & Unfilled Durables Orders

7. Money Supply Changes
What are the 7 leading indicators most often used?

1. Average Hours worked per week by manufacturing workers.

2. initial unemployment claims.

3. Stock Prices

4. Raw material price changes.

5. Residential Building Permits.

6. -------------------------------

7. ------------------------------

1. Average Hours worked per week by manufacturing workers.

2. initial unemployment claims.

3. Stock Prices

4. Raw material price changes.

5. Residential Building Permits.

6. Vendor Delivery Times & Unfilled Durables Orders

7. Money Supply Changes
What are the 7 leading indicators most often used?

1. ---------------------------------

2. -------------------------------

3. ------------------------

4. ----------------------------------

5. --------------------------

6. -------------------------------

7. ---------------------------------------

1. Average Hours worked per week by manufacturing workers.

2. initial unemployment claims.

3. Stock Prices

4. Raw material price changes.

5. Residential Building Permits.

6. Vendor Delivery Times & Unfilled Durables Orders

7. Money Supply Changes
Indicators that occurs after the phase change in the cycle are classified as ---------------------.

Indicators that occurs after the phase change in the cycle are classified as tailing or lagging indicators.

Author

Joens1313

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Card Set

BEC Economic Theory Review 8

Description

BEC Economic Theory Review 8

Updated

2015-04-02T03:42:01Z

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