NO.PZ2023061903000012
问题如下:
Q. Which of the following is most likely to increase after an increase in aggregate real personal income?
选项:
A.Equity prices
B.Building permits for new private housing units
C.The ratio of consumer installment debt to income
解释:
C is correct. Aggregate real personal income is a coincident indicator of the business cycle, and the ratio of consumer installment debt to income is a lagging indicator. Increases in the ratio of consumer installment debt follow increases in average aggregate income during the typical business cycle.
equity price不是滞后指标么