QUESTION 1 Which of the following statements about cyclical economie Indicators FALSE? a Leading indicators usually reach peaks or troughs before corresponding peaks or troughs in aggregate economy activity, Om Coincident indicators have peaks and troughs that roughly coincide with the peaks and brought in the business cyde Oe The S&P 500 index is typically used as a coincident indicator because stock prices are dosely associated with economic condition, Od Revision in data is a potential concem when using the cyclical indicators, as it may change the direction implied by the original data. e. None of the above choices QUESTION 2 Which of the following statements about yield spread the difference between yod of the corporate bonds and that of U.S. T-bonds is FALSE Ba A larger indicates fear in the market b. Arad means that evestors are requiring additional compensation for taking risk, mostly credit task and liquidity riek OL Alger spread is usly associated with lower na premium of stooks d. The yield spread ay increases during economic recessions None of the above choices MacBook Air * * 80 3 FB 23 F DIA 87 1 N> # 3 2 $ 4 & % 5 @ 7 00 8 9 Q W E R T Y U S D D F F G H . J 7