a. Why are manufacturers' new orders, nondefense capital goods, an appropriate leading indicator? b. Why is the
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b. Why is the index of industrial production an appropriate coincident indicator?
c. Why is the average prime rate charged by banks an appropriate lagging indicator?
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Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
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