A change in the Leading Economic Index is supposed to reflect
A) how the economy behaved recently.
B) how the economy is behaving.
C) how the economy will behave in the near future.
D) an average of how the economy has behaved over the most recent business cycle.

Question

Quizplus · Accepted Answer

The Leading Economic Index is designed to predict future changes in the economy, so a change in the index reflects how the economy is expected to behave in the near future.

A Change in the Leading Economic Index Is Supposed to Reflect