Which is not ordinarily a responsibility of the director?
1 answer:
You might be interested in
Answer:
Note: The full question is attached below as picture
Business Cycle Dating Committee and the National Activity Index are two methods used to monitor the phases of the business cycle <em>established by the Federal Reserve Bank of Chicago.</em>
<em />
National Activity Index: uses a weighted average of over 80 economic indicators to identity business cycle trends.
Business Cycle Dating: uses updated or revised information to determine phases of the business cycle .
Business Cycle Dating: identifies recessions with a considerable lag making it less useful for designing policy.
National Activity Index: does a good job in identifying recessions in the current time frame.
Neither Business Cycle Dating Committee nor the National Activity Index: compiles the financial statements of publicly traded companies.
