The unemployment rate is considered a lagging indicator because: A. new job types must be defined to

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The unemployment rate is considered a lagging indicator because:

A. new job types must be defined to count their workers.

B. multiworker households change jobs at a slower pace.

C. businesses are slow to hire and fire due to related costs.

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2024 CFA Program Curriculum Level I Volume 1

ISBN: 9781953337672

1st Edition

Authors: CFA Institute

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Question Posted: Feb 01, 2024 08:03 AM

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The unemployment rate is considered a lagging indicator because: A. new job types must be defined to

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C is correct This effect ...View the full answer

2024 CFA Program Curriculum Level I Volume 1

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