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According to the article This Recession Forecasting Tool Hasn't Been Wrong in 57 Years., which of the following forecasting tools uses the spread between the
According to the article "This Recession Forecasting Tool Hasn't Been Wrong in 57 Years.", which of the following forecasting tools uses the spread between the yields on the 3-month U.S. Treasury bill and 10-year U.S. Treasury bond to predict the likelihood of a U.S. recession over the next 12 months? Question 33 Answer a. The New York Federal Reserve Bank's recession-probability indicator b. The Conference Board's Leading Economic Index (LEI) c. The NBER's recession predictor d. The BEA's indicator of economic downturns
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