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A variable that occur simultaneously with the business cycle movements is _____ indicator.
- a)Leading
- b)Lagging
- c)Coincident
- d)Cyclical
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
A variable that occur simultaneously with the business cycle movements...
Coincident Indicator
A coincident indicator is a variable that moves in tandem with the overall business cycle. In other words, it provides a real-time snapshot of the current state of the economy. As the name suggests, these indicators coincide with the current economic conditions and are used to measure the current level of economic activity.
Examples of coincident indicators include:
1. Gross Domestic Product (GDP): It measures the total value of goods and services produced within a country's borders over a specified period.
2. Employment: It refers to the number of people who are currently employed in the economy. It is a crucial indicator of the current state of the labor market.
3. Industrial production: It refers to the output of the manufacturing, mining, and utilities sectors. It measures the volume of goods produced by these sectors.
4. Retail sales: It measures the total sales of goods and services sold by retailers to consumers. It is a crucial indicator of consumer spending, which is a significant driver of economic growth.
Conclusion
Coincident indicators are essential tools for policymakers, investors, and analysts to gauge the current state of the economy. By monitoring these indicators, they can make informed decisions about monetary and fiscal policy, investment strategy, and business planning.
A coincident indicator is a variable that moves in tandem with the overall business cycle. In other words, it provides a real-time snapshot of the current state of the economy. As the name suggests, these indicators coincide with the current economic conditions and are used to measure the current level of economic activity.
Examples of coincident indicators include:
1. Gross Domestic Product (GDP): It measures the total value of goods and services produced within a country's borders over a specified period.
2. Employment: It refers to the number of people who are currently employed in the economy. It is a crucial indicator of the current state of the labor market.
3. Industrial production: It refers to the output of the manufacturing, mining, and utilities sectors. It measures the volume of goods produced by these sectors.
4. Retail sales: It measures the total sales of goods and services sold by retailers to consumers. It is a crucial indicator of consumer spending, which is a significant driver of economic growth.
Conclusion
Coincident indicators are essential tools for policymakers, investors, and analysts to gauge the current state of the economy. By monitoring these indicators, they can make informed decisions about monetary and fiscal policy, investment strategy, and business planning.
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Community Answer
A variable that occur simultaneously with the business cycle movements...
Heya!
There are three types of indicators:
_1.) Leading indicator
_2.) Lagging indicator
_3.) Coincident indicator
• Lagging Indicator (change before the economy start to follow a particular change)
• Leading Indicator (change after the economy starts to follow a particular change)
• Coincidental Indicator (shows the current state of economy or move simultaneously with movements)
Hence, the option (c) COINCIDENT INDICATOR is the correct one.
Hope it helps you!
All the best!
>GK
There are three types of indicators:
_1.) Leading indicator
_2.) Lagging indicator
_3.) Coincident indicator
• Lagging Indicator (change before the economy start to follow a particular change)
• Leading Indicator (change after the economy starts to follow a particular change)
• Coincidental Indicator (shows the current state of economy or move simultaneously with movements)
Hence, the option (c) COINCIDENT INDICATOR is the correct one.
Hope it helps you!
All the best!
>GK
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A variable that occur simultaneously with the business cycle movements is _____ indicator.a)Leadingb)Laggingc)Coincidentd)CyclicalCorrect answer is option 'C'. Can you explain this answer?
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A variable that occur simultaneously with the business cycle movements is _____ indicator.a)Leadingb)Laggingc)Coincidentd)CyclicalCorrect answer is option 'C'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about A variable that occur simultaneously with the business cycle movements is _____ indicator.a)Leadingb)Laggingc)Coincidentd)CyclicalCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A variable that occur simultaneously with the business cycle movements is _____ indicator.a)Leadingb)Laggingc)Coincidentd)CyclicalCorrect answer is option 'C'. Can you explain this answer?.
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