A set of economic variables whose changes in value typically follow changes in other economic variables are called:
A) following variables.
B) leading indicators.
C) coincident indicators.
D) composite indicators.
E) lagging indicators.

Question

Quizplus · Accepted Answer

Lagging indicators are economic variables that tend to follow changes in other economic variables. They are used to confirm whether economic trends are continuing or reversing. Examples include unemployment rates and inflation rates, which are typically lagging behind changes in the overall economy.

A Set of Economic Variables Whose Changes in Value Typically