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Which one of the following is not an example of coincident indicator?
  • a)
    GDP
  • b)
    inflation
  • c)
    retail sales
  • d)
    New orders for plant and machinery
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which one of the following is not an example of coincident indicator?a...
Explanation:

Coincident indicators are those economic indicators that show the current state of the economy. These indicators move in tandem with the business cycle and provide information about the current economic conditions. GDP, inflation, and retail sales are examples of coincident indicators.

New orders for plant and machinery, on the other hand, is not an example of a coincident indicator. It is a leading indicator since it provides information about future economic activity.

In summary, the answer is option 'D' because new orders for plant and machinery is a leading indicator, not a coincident one.
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Community Answer
Which one of the following is not an example of coincident indicator?a...
Because new orders for plant and machinery are leading indicators so option d is correct
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Which one of the following is not an example of coincident indicator?a)GDPb)inflationc)retail salesd)New orders for plant and machineryCorrect answer is option 'D'. Can you explain this answer?
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