Question: Select the true statement below regarding economic indicators. Trends that describe what has already happened are considered coincident indicators. Economic indicators provide a long term

Select the true statement below regarding economic indicators.

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

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