Each of the following is a component of the Conference Board's Index of Leading Indicators except
A) average weekly hours, manufacturing.
B) interest rate spread, 10-year Treasury bonds minus federal funds.
C) bond prices, 500 common bonds.
D) index of consumer expectations.

Question

Quizplus · Accepted Answer

The Conference Board's Index of Leading Indicators includes various economic measures such as average weekly hours in manufacturing, the interest rate spread between 10-year Treasury bonds and federal funds, and the index of consumer expectations. However, it does not include bond prices, such as those of 500 common bonds, making option C the correct choice.

Each of the Following Is a Component of the Conference