If x is useful for predicting future GDP then
A) x is coincident.
B) x is a lagging variable.
C) x is countercyclical.
D) x is a leading variable.

Name: If x is useful for predicting future GDP then A) x is coincident. B) x is a lagging variable. C) x is countercyclical. D) x is a leading variable.
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Question

Quizplus · Accepted Answer

A leading variable is useful for predicting changes in the economic cycle. If x is useful for predicting future GDP, then it is likely a leading variable.

If X Is Useful for Predicting Future GDP Then