Free CPSM Exam Braindumps (page: 16)

Page 16 of 33

Two back-to-back quarters of negative gross domestic product growth is referred to as:

  1. Recession
  2. Hunch
  3. Nose-dive
  4. Obsolescence

Answer(s): A



Who measures the market value of final goods and services produced by labor or property in the United States, including goods that are added to or subtracted from inventories?

  1. Bureau of inventories
  2. Bureau of Economic Analysis
  3. United States Act of Condolence
  4. International Economic and Service Provider Conference

Answer(s): B



Which of the following is NOT the phase of business cycle?

  1. The highest point output before a downturn
  2. Recession through, or lowest point in economic activity
  3. Expansion or resuming growth path
  4. Leading & Lagging Producer price index

Answer(s): D



What is expressed in a way that indicates price changes over time?

  1. Index
  2. Inflation
  3. Variance
  4. Discrepancy

Answer(s): A



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Vicky commented on July 14, 2024
Very nice question designed for practice.
Anonymous
upvote