varies along a given aggregate demand curve O The nominal in

varies along a given aggregate demand curve. O The nominal interest rate in the domestic country O The price level in the domestic country The exchange rate between the domestic currency and a foreign currency The aggregate supply in a foreign country O The prices of resources used in production Which of these is a coincident economic indicator? Personal income The demand for plant and machinery The interest rate Real estate growth The unemployment rate

Solution

1) The correct answer to this question is \"the price level in the domestic country\". Aggregate demand can be defined as the sum total of all the demand in the economy and it varies along the price level in the domestic economy.

2) Coincidence indicators are those variables which change with the economy, these indicators are also used to measure the economic growth in the country. examples of coincidence indicators are Gdp, industrial production, retail sales, and personal income.

The correct answer to this question is \"Personal income\" as it changes with the economic situation in the economy.