The Variables in the Index of Leading Indicators Are Included

question 139

Multiple Choice

The variables in the index of leading indicators are included in the index because

• A) they turn down prior to a deflation and turn up prior to an inflation.
• B) they generally lag behind turns in the business cycle.
• C) they turn down prior to a recession and turn up before the beginning of a business expansion.
• D) they provide a comprehensive measure of the current state of the economy.

---

Definitions:

Hybridization

A model explaining the bonding structure of molecules based on the mixing of atomic orbitals into new hybrid orbitals.

CCO Bond Angle

Refers to the angle between two carbon atoms and an oxygen atom within a molecule, impacting the molecule's shape and reactivity.

Acetone

A volatile, colorless liquid used as a solvent and an antiseptic, known chemically as propanone with the formula (CH3)2CO.

Hybridization

The concept of mixing atomic orbitals to create new hybrid orbitals for bonding, explaining the geometry of molecular structures.