- 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
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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