- CFA Exams
- CFA Exam: Level I 2021
- 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.
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