Federal reserve bank of chicago national activity index

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Suppose the Federal Reserve Bank of Chicago's National Activity Index increased to -0.28 in November from, -0.31 in October. Which is the best interpretation of this data?

A.) Economic activity improved from October to November, but the rate of economic growth is below its historical trend rate of growth.

B.) The rate of economic growth declined from October to November.

C.) Economic activity improved from November to October, andthe rate of economic growth is above its historical trend growth rate.

D.) The rate of economic growth was negative in October and November, with October being worse than November.

Reference no: EM132489473

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