By a leading economic indicator,economists mean
A)an indicator of future economic activity
B)an indicator that measures current economic activity
C)a highly accurate indicator that is easily measured
D)an indicator that is accurate most of the time
E)any variable that can measure either past or present economic activity

Question

Quizplus · Accepted Answer

A leading economic indicator is one that can predict future economic activity, such as changes in the stock market or consumer confidence levels. It is not necessarily a measure of current economic activity.

By a Leading Economic Indicator,economists Mean