The National Bureau of Economic Research (NBER)has derived the following indicator series in order to monitor business cycles.
A) M2, leading, and lagging.
B) Leading, coincident, and consumer expectations.
C) Leading, coincident, and lagging.
D) Leading, coincident, and M2.
E) Consumer expectations, leading, and lagging.

Question

Quizplus · Accepted Answer

The National Bureau of Economic Research (NBER) has derived three indicator series to monitor business cycles: leading indicators, which are poised to change before the economy as a whole changes; coincident indicators, which change together with the overall economy; and lagging indicators, which change after the economy as a whole does. Therefore, the correct answer is C, which lists the three correct indicator series used by NBER to monitor business cycles.

The National Bureau of Economic Research (NBER)has Derived the Following