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9 February, 07:35

The index of leading indicators

a. predicted the Great Depression.

b. is completely reliable.

c. is used to predict changes in business cycles.

d. was designed to detect external shocks.

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  1. 9 February, 11:17
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    The index of leading indicators is used to predict changes in business cycles. The correct option among all the options that are given in the question is the first option or option "a". It is basically used to predict the future of the upcoming economy. It can also be said that it does not always yield the perfect result.
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