Macroeconomic forecasting is made easier due to the fact that
A) real GDP is variable about trend.
B) the business cycle has a regular frequency.
C) deviations from trend in real GDP are persistent.
D) turning points are easy to predict.
Correct Answer:
Verified
Q1: If the correlation between GDP and y
Q3: The official dating of the most recent
Q4: Positive correlation between x and y implies
Q5: A business cycle trough is a
A) small
Q6: Business cycle persistence refers to the property
Q7: When a macroeconomic aggregate is procyclical
A) it
Q8: The property that macroeconomic variables fluctuate together
Q9: If x is useful for predicting future
Q10: Macroeconomic forecasting is made more difficult due
Q11: A turning point is
A) a change in
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