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Basic Question 13 of 13

The diffusion index is the ______.

A. average of forecasts by leading economists from the top ten universities
B. composite of ten variables that is used to predict the economic future
C. consensus among the economists serving on the Council of Economic Advisors

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Craig Baugh

Craig Baugh

Learning Outcome Statements

describe how resourceuse, consumer and business activity, housing sector activity, and external trade sector activity vary over the business cycle and describe their measurement using economic indicators

CFA® 2025 Level I Curriculum, Volume 1, Module 2.