The index of leading economic indicators usually turns downward:
A)prior to economic expansions.
B)prior to economic contractions.
C)prior to a contraction, but then turns upward before the contraction begins.
D)a full 24 months before a recession begins.

Question

The index of leading economic indicators usually turns downward:
A)​prior to economic expansions.
B)​prior to economic contractions.
C)​prior to a contraction, but then turns upward before the contraction begins.
D)​a full 24 months before a recession begins.

Quizplus · Accepted Answer

The index of leading economic indicators usually turns downward prior to economic contractions, indicating an impending recession.

The Index of Leading Economic Indicators Usually Turns Downward