6. The variables in the index of leading indicators are included in the index because Group of answer choices -they are good indicators of the current rate of inflation. -they generally lag behind turns in the business cycle. -of their tendency to lead (or predict) turns in the business cycle. -they are good indicators of the current state of the economy.   Which is correct?

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
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Chapter6: Measuring The Cost Of Living
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6.

The variables in the index of leading indicators are included in the index because
Group of answer choices
-they are good indicators of the current rate of inflation.
-they generally lag behind turns in the business cycle.
-of their tendency to lead (or predict) turns in the business cycle.
-they are good indicators of the current state of the economy.
 
Which is correct?
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