A variable that tends to move later than aggregate economic activity is called
A)a leading variable.
B)a coincident variable.
C)a lagging variable.
D)an acyclical variable.

Question

Quizplus · Accepted Answer

A lagging variable is a variable that tends to move after aggregate economic activity. This means that changes in the lagging variable follow changes in the economy, making it a useful tool for analyzing past trends and predicting future outcomes. Examples of lagging variables include unemployment rates and interest rates on loans.

A Variable That Tends to Move Later Than Aggregate Economic