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.
Correct Answer:

Verified
Correct Answer:
Verified
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