- CFA Exams
- CFA Level I Exam
- Study Session 4. Economics (1)
- Reading 15. Understanding Business Cycles
- Subject 5. Economic Indicators
CFA Practice Question
Which one is generally considered to be a leading indicator?
A. Average bank prime lending rate
B. Real M2
C. Aggregate real personal income
Explanation: Money supply growth measures the tightness or looseness of monetary policy.
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