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Which Statement Is True About the Leading Economic Indicators

Question 268

Multiple Choice

Which statement is true about the leading economic indicators?


A) There are seven leading economic indicators.
B) When the index of leading economic indicators changes direction,we are always approaching a business cycle turning point.
C) The index of leading indicators generally turns down months before a recession begins.
D) The leading economic indicators are of virtually no use in forecasting business cycle turning points.

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