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 flucuations 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.

Question

Quizplus · Accepted Answer

Recent Canadian business cycles show no regularity in the amplitude of fluctuations in real GDP about trend, indicating variability in the magnitude of economic expansions and contractions.

Which of the Following Is a Feature of Recent Canadian