What is a lagging economic indicator?
A) an economic statistic that is used to predict movements from one stage of the business cycle to the next
B) a measure that is used to estimate the slowing down or speeding up of inflation
C) a measure of economic activity that is a secondary or less preferred statistic used to make predictions
D) an economic statistic that tends to change after the economy moves into a new stage of the business cycle
Correct Answer:
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Q49: An example of a lagging economic indicator
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