Which of the following is not a variable in the Index of leading indicators:

CA Foundation · Business Economics · MTP · September 2025
Which of the following is not a variable in the Index of leading indicators:
(A) A. New consumer good orders
(B) B. Prime rate
(C) C. New building permits
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Prime rate

Topics: Business Cycles

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