The Lagging Indicator isa.Gross Domestic Productb.Sensexc.Unemploymentd.interest rates
Question
The Lagging Indicator isa.Gross Domestic Productb.Sensexc.Unemploymentd.interest rates
Solution
The lagging indicator is c. Unemployment.
Lagging indicators are economic factors that change after the overall economy has already begun to follow a particular pattern or trend. Unemployment is considered a lagging indicator because it tends to increase or decrease in response to changing economic conditions rather than in anticipation of them. When the economy is doing well, companies hire more workers, leading to a decrease in unemployment. Conversely
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