question archive Which of the following is a leading indicator? a) Ratio of trade inventories to sales b) Industrial production c) Average duration of unemployment d) Initial claims for unemployment
Which of the following is a leading indicator? a) Ratio of trade inventories to sales b) Industrial production c) Average duration of unemployment d) Initial claims for unemployment
Subject:EconomicsPrice:2.88 Bought3
Which of the following is a leading indicator?
a) Ratio of trade inventories to sales
b) Industrial production
c) Average duration of unemployment
d) Initial claims for unemployment
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Option D is correct.
Initial claims for unemployment measure emerging unemployment and thus are predictors of joblessness and recession. Hence, it is a leading indicator.
