Define a coincident indicator and give some examples.(1 point)

Question

Responses

Coincident indicators are economic indicators that shift with general movements throughout the national economy. Some examples are the GDP and retail sales.
Coincident indicators are economic indicators that shift with general movements throughout the national economy. Some examples are the GDP and retail sales.

Coincident indicators are economic indicators that follow after general movements in the national economy have occurred. Some examples are the GDP and retail sales.
Coincident indicators are economic indicators that follow after general movements in the national economy have occurred. Some examples are the GDP and retail sales.

Coincident indicators are economic indicators that follow after general movements in the national economy have occurred. Some examples are interest rates and unemployment rates.
Coincident indicators are economic indicators that follow after general movements in the national economy have occurred. Some examples are interest rates and unemployment rates.

Coincident indicators are economic indicators that shift with general movements throughout the national economy. Some examples are interest rates and unemployment rates.

Answer 1

Coincident indicators are economic indicators that move in line with the overall trend of the economy. They provide information on the current state of the economy and are used to confirm the direction of the business cycle. Examples of coincident indicators include industrial production, personal income, and employment levels.