A set of economic variables whose changes in value roughly coincide with changes in other economic variables are called:
A) simultaneous variables.
B) leading indicators.
C) coincident indicators.
D) composite indicators.
E) lagging indicators.

Question

Quizplus · Accepted Answer

Coincident indicators are economic variables whose changes in value coincide with changes in other economic variables. They are used to evaluate the current state of the economy and include variables such as employment, industrial production, and personal income. Leading indicators point to future economic activity, while lagging indicators reflect past economic activity. Composite indicators are a combination of multiple economic variables to provide a more comprehensive measure of economic activity. Simultaneous variables are not a recognized category of economic indicators.

A Set of Economic Variables Whose Changes in Value Roughly