Which of the Following Statements About Leading Economic Indicators Is

question 138

Multiple Choice

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

• A)Most people refer to them before making any important spending decision.
• B)They are the only economic indicators available to economists.
• C)They indicate when an economy is in a recession or an expansion.
• D)They foreshadow turning points in the business cycle.
• E)They can predict precisely when turning points in an economy will occur.

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Definitions:

Renal Artery

A blood vessel that supplies the kidneys with oxygenated blood from the heart.

Nephron

The basic structural and functional unit of the kidney responsible for filtering and purifying blood to produce urine.

Distal Convoluted Tubule

The segment of the kidney's nephron that functions in the reabsorption of sodium, water, and secretion of potassium and acids, situated after the ascending limb of the loop of Henle.

Collecting Duct

A series of tubes in the kidney that receive urine from the nephrons and transport it into the renal pelvis.