____ indicator(s) are used to identify the peaks and troughs in business cycles.

Question

Quizplus · Accepted Answer

Leading, coincident, and lagging indicators are all used to identify the peaks and troughs in business cycles. Leading indicators predict future movements, coincident indicators change at approximately the same time as the whole economy, thereby providing information about the current state of the economy, and lagging indicators change after the economy as a whole does, thereby confirming what recent leading indicators have predicted.

____ Indicator(s) Are Used to Identify the Peaks and Troughs