Which of the Following Economic Indicators Is Not Considered a Leading

question 13

Multiple Choice

Which of the following economic indicators is not considered a leading indicator?

• A) Average workweek,production.
• B) Average length of unemployment.
• C) Money supply,M2.
• D) New orders of manufacturers.
• E) Stock prices.

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Definitions:

Unified View

A cohesive perspective that integrates different aspects or theories into a single, comprehensive understanding.

Face Validity

Assesses whether an instrument appears to look like it measures what it is meant to measure.

Validity

The extent to which a test or instrument measures what it is supposed to measure.

Accuracy

The degree to which a measurement, calculation, or specification conforms to the correct value or a standard.