Try again
Try again
Try again
Correct
Solution:
(d) New orders for plant and equipment is actually an example of a leading indicator, not a coincident indicator.
Leading indicators are economic indicators that tend to change direction before the overall economy does, providing information on possible changes in economic activity in the future.
New orders for plant and equipment can be used as a leading indicator because businesses tend to place orders for new equipment and machinery in anticipation of future demand for their products or services.
Correct option is (d)