Question: data dashboard shown. Which indicator tells you how fast wages and benefits are rising? Real GDP Annualized quarterly growth 10% 0% Real GDI Annualized quarterly

data dashboard shown. Which indicator tells you how fast wages and benefits are rising? Real GDP Annualized quarterly growth 10% 0% Real GDI Annualized quarterly growth NonFarm Payrolls Monthly job growth, thousands Unemployment Rate Share of labor force Initial Unemployment Claims Weekly claims, thousands 10% 1000 10% 700 0% 5% 450 -10% 1998 -10% 2018 1998 -1000 2018 1998 0% 200 2018 1998 2018 1998 2018 FRED code: GDPC1 Business Confidence ISM Purchasing Managers Index University of Michigan index 70 A261RX1Q020SBEA PAYEMS UNRATE ICSA Consumer Confidence Inflation Employment Cost Index Change in CPI over the past year Change over the past year Stock Prices: S&P 500 Change over the past year 120 6% 50% 50 30 1998 85 3% 50 2018 1998 2018 -2% 1998 0% 2018 1998 UMSCENT CPIAUSCSL ECIALLCIV FRED code: Not available Stock prices: S&P 500 Business confidence Inflation Employment cost index 0% -50% 2018 1998 2018 SP500

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