Question: Select the true statement below regarding economic indicators. Economic indicators are macroeconomic by their very nature. Trends that describe what has already happened are considered

Select the true statement below regarding economic indicators.

  • Economic indicators are macroeconomic by their very nature.
  • Trends that describe what has already happened are considered coincident indicators.
  • One single indicator can perfectly describe what is going on in the economy.
  • Economic indicators provide a long term view of the economy.

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