Question: According to the article This Recession Forecasting Tool Hasn't Been Wrong in 57 Years., which of the following forecasting tools uses both financial and nonfinancial
According to the article "This Recession Forecasting Tool Hasn't Been Wrong in 57 Years.", which of the following forecasting tools uses both financial and nonfinancial components to predict "shifts" in U.S. economic cycles approximately 7 months in advance? Question 32 Answer a. The New York Federal Reserve Bank's recession-probability indicator b. The Conference Board's Leading Economic Index (LEI) c. The NBER's recession predictor d. The BEA's indicator of economic downturns
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