If the correlation between GDP and y is -0.75, we say y is
A) procyclical.
B) acyclical.
C) positively correlated.
D) countercyclical.
E) persistent.
Correct Answer:
Verified
Q17: Business cycle persistence refers to the property
Q18: The defining feature of business cycles is
Q19: A business cycle trough is a
A) small
Q20: Comovement can be discussed by
A) looking at
Q21: A measure of the degree of correlation
Q23: If deviations from trend in a macroeconomic
Q24: If the correlation coefficient between x and
Q25: If the correlation between GDP and y
Q26: Inventory investment tends to be
A) coincident.
B) leading.
C)
Q27: Real investment tends to be
A) procyclical and
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