Which of the following is a feature of recent Canadian business cycles?
A) The time series of deviations from trend in real GDP is quite smooth.
B) There is regularity in fluctuations in real GDP about trend.
C) There is regularity in the amplitude of fluctuations in real GDP about trend.
D) They are not persistent.
E) There is no regularity in the amplitude of fluctuations in real GDP about trend.
Correct Answer:
Verified
Q7: Comovement can be determined by
A) examining a
Q8: The value of macroeconomic knowledge is in
A)
Q9: Robert Lucas has popularized the notion that
Q10: A business cycle peak is a
A) small
Q11: Amplitude of the business cycle is
A) the
Q13: Positive correlation between x and y implies
Q14: Which of the following is a feature
Q15: Forecasting real GDP is
A) always easy.
B) easy
Q16: Comovement relates to
A) the relationship between real
Q17: Business cycle persistence refers to the property
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