Question 5 of 20 Map o Sapling Learning macmillan learning The Business Cycle Da

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Question 5 of 20 Map o Sapling Learning macmillan learning The Business Cycle Dating Committee and the National Activity Index are two methods used to monitor the phases of the business cycle and determine when a recession occurs. Decide which method each of the six items below describes and place it in the correct bin. If the item does not describe either, then place it in the "neither" bin. Business Cycle Dating Committee National Activity Index neither established by the Federal Reserve Bank of Chicago identifies recessions with a considerable lag, making it less useful for designing policy does a good job in identifying recessions in the current time uses updated or revised information to determine frame phases of the business cycle uses a weighted average of over 80 economic indicators to identify business cycle trends compiles the financial statements of publicly traded companies

Explanation / Answer

National Activity INdex

Established by the Federal Reserve Bank of CHicago

Uses weighted average of over 80 economic indicators

does a good job in identifying recessions in the current time frame

Business Cycle Datng Committee

ideintifies recessions with a considerable lag making it less useful for desigingn policy

uses uodated information to determine phases of the business cycle

None

Compiles the Financial statements of publicaly traded companies

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