Which of the Following Statements About Leading Economic Indicators Is

Multiple Choice

Which of the following statements about leading economic indicators is true?

A) Most people refer to them before making any important spending decision.
B) They are the only economic indicators available to economists.
C) They indicate when the economy is in a recession or an expansion.
D) They foreshadow turning points in the business cycle.
E) They can predict precisely when turning points in the economy will occur.