- CFA Exams
- CFA Level I Exam
- Study Session 4. Economics (1)
- Reading 15. Understanding Business Cycles
- Subject 5. Economic Indicators
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.