- CFA Exams
- 2021 CFA Level I Exam
- Study Session 4. Economics (1)
- Reading 15. Understanding Business Cycles
- Subject 1. The Business Cycle and its Phases
CFA Practice Question
The most watched indicator of the future indication of capital spending is ______.
B. inventory orders
C. construction orders
A. capital equipment orders
B. inventory orders
C. construction orders
Correct Answer: A
B is not capital spending.
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