The Index of Leading Economic Indicators Usually Turns Downward

question 141

Multiple Choice

The index of leading economic indicators usually turns downward:

• A)​prior to economic expansions.
• B)​prior to economic contractions.
• C)​prior to a contraction, but then turns upward before the contraction begins.
• D)​a full 24 months before a recession begins.

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Definitions:

DSM-5

stands for the Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, which is a widely used system for classifying and diagnosing mental disorders.

Antagonism

One of five trait domains associated with personality disorders in the DSM-5, it is characterized by deceitfulness, grandiosity, callousness, and manipulativeness.

Criticism

The expression of disapproval of someone or something based on perceived faults or mistakes.

Contempt

An intense feeling of disdain or scorn for someone or something considered to be inferior or worthless.