The Index of Leading Indicators Has

question 135

Multiple Choice

The index of leading indicators has

• A)turned down prior to six of the eight recessions since 1959.
• B)turned up prior to each of the periods of inflation since 1959.
• C)turned down prior to each of the eight recessions since 1959,but it has also falsely forecast several others.
• D)turned down only eight times since 1959,and each downturn has been followed by a recession.

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