We should most likely expect a recession if the Leading Economic Index:
A) falls for three months in a row.
B) rises for three months in a row.
C) rises for six months in a row.
D) falls for six months in a row.

Question

Quizplus · Accepted Answer

The Leading Economic Index (LEI) is a composite of 10 economic indicators that are used to predict the direction of the economy. A decline in the LEI for three months in a row is a sign that the economy is likely to enter a recession.

We Should Most Likely Expect a Recession If the Leading