The method of forecasting with leading indicators can be criticized for
A)occasionally forecasting a recession when none ensues.
B)forecasting the direction of the economy but not the size of the change in economic activity.
C)frequent revisions of data after original publication.
D)All of the above

Question

Quizplus · Accepted Answer

The method of forecasting with leading indicators can occasionally forecast a recession when none ensues, forecast the direction of the economy but not the size of the change in economic activity, and result in frequent revisions of data after original publication.

The Method of Forecasting with Leading Indicators Can Be Criticized