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

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 to havé 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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