Which of the following statements about leading economic indicators is true?

a. They foreshadow turning points in the business cycle.
b. Most people refer to them before making any important spending decision.
c. They indicate when an economy is in a recession or an expansion.?
d. They are the only economic indicators available to economists.?
e. They can predict precisely when turning points in an economy will occur.?


Answer: a. They foreshadow turning points in the business cycle.

Economics

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