The index of leading indicators is a factor that
A)We can observe today that is logically linked to future economic performance.
B)Generally moves in a positive direction before recessions.
C)Is published weekly and provides forecasts of the economy three to six months in advance.
D)Is a mathematical summary of the economy's past performance.

Question

Quizplus · Accepted Answer

The index of leading indicators consists of components that are expected to change before the economy as a whole changes, providing insight into the future direction of the economy's performance.

The Index of Leading Indicators Is a Factor That