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The Index of Leading Economic Indicators

Question 153

Multiple Choice

The index of leading economic indicators:


A) ​provide accurate information on the duration of downturns in the economy.
B) ​virtually always predicts downturns in the economy with a lead time of six months.
C) ​can result in a self-fulfilling prophecy if business firms respond to leading economic indicator predictions.
D) ​provide accurate information on the depth of downturns in the economy.

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