In early December,it was reported that housing rates in October 2010 were at its 6-month low,which resulted in increased home purchases.This is an example of a ________.
A) leading indicator
B) conversionary indicator
C) lagging indicator
D) current indicator
E) latent indicator

Question

Quizplus · Accepted Answer

A)Lagging indicators provide confirmation that something has occurred in the past.
B)Lagging indicators provide confirmation that something has occurred in the past.
C)Lagging indicators provide confirmation that something has occurred in the past.
D)Lagging indicators provide confirmation that something has occurred in the past.
E)Lagging indicators provide confirmation that something has occurred in the past.

In Early December,it Was Reported That Housing Rates in October