- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 2. Understanding Business Cycles
- Subject 3. Economic Indicators over the Business Cycle
CFA Practice Question
The diffusion index can measure the ______ of the change in a composite index.
B. breadth
C. length
A. depth
B. breadth
C. length
Correct Answer: B
It simply represents how many of the 10 components are moving in agreement with the overall leading index.
User Contributed Comments 0
You need to log in first to add your comment.