Statement I: the Most Widely Used Forecasting Device Is the Index

question 243

Multiple Choice

Statement I: The most widely used forecasting device is the index of leading indicators.
Statement II: The index of leading economic indicators usually turns downward as a recession approaches.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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