A variable that tends to move at the same time as aggregate economic activity is called
A)a leading variable.
B)a coincident variable.
C)a lagging variable.
D)an acyclical variable.

Question

Quizplus · Accepted Answer

A coincident variable is a variable that tends to move at the same time as aggregate economic activity. This means that its movements coincide with fluctuations in the business cycle, rather than leading or lagging them. Examples of coincident variables include industrial production, employment, and personal income.

A Variable That Tends to Move at the Same Time