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Basic Question 10 of 13
Building permits for new private housing units is a ______ economic indicator.
B. coincident
C. lagging
A. leading
B. coincident
C. lagging
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Learning Outcome Statements
describe how resourceuse, consumer and business activity, housing sector activity, and external trade sector activity vary over the business cycle and describe their measurement using economic indicators
CFA® 2026 Level I Curriculum, Volume 1, Module 2.