Which of these series tends to be more volatile and why. \"Manufacturers\' New O

Question

Which of these series tends to be more volatile and why. "Manufacturers' New Orders, Durable Goods or "Manufacturers' New Orders Nondefense Capital Goods Excluding Aircraft? O Manufacturers' New Orders: Nondefense Capital Goods Excluding Aircraft because new orders for defense goods and aircraft tend O Manufacturers' New Orders: Nondefense Capital Goods Excluding Aircraft because new orders for defense goods and aircraft tend O Manufacturers' New Orders, Durable Goods because new orders for nondefense goods and aircraft depend primarily on O Manufacturers New Orders, Durable Goods because new orders for defense goods and aircraft tend to have more random swings io have fewer random swings to change very slowly Congressional action. .

Explanation / Answer

A is the correct option

Reason

Non-defence capital goods price depend on a lot of factors, thus it has random swings, so we can expect a higher level of variation.

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