- 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 is the ______.
B. composite of ten variables that is used to predict the economic future
C. consensus among the economists serving on the Council of Economic Advisors
A. average of forecasts by leading economists from the top ten universities
B. composite of ten variables that is used to predict the economic future
C. consensus among the economists serving on the Council of Economic Advisors
Correct Answer: B
It is used to predict the economic future.
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