Changes in the macroeconomic variables, that occur before changes in the economy, are often used by economists for forecasting and are known as
A) R variables
B) Leading indicators
C) Lagging variables
D) Prime variables
E) Dependent variables

Question

Quizplus · Accepted Answer

Leading indicators are variables that change before the economy as a whole changes, making them useful for forecasting future economic conditions.

Changes in the Macroeconomic Variables, That Occur Before Changes in the Economy