Employment is
A) less variable than real GDP.
B) about as variable as real investment.
C) more variable than real GDP.
D) much more variable than consumption.
E) acyclical.
Correct Answer:
Verified
Q37: If real GDP helps to predict the
Q38: If the correlation coefficient between x and
Q39: Investment tends to be a(n)
A) procyclical variable.
B)
Q40: Comovement can be discerned by
A) calculating the
Q41: A reverse Phillips Curve would consist of
Q43: Phillips curves are
A) easy to find in
Q44: Why is it difficult to measure the
Q45: Average labour productivity is computed as the
A)
Q46: For the period 1961-2015 in Canada, the
Q47: The real wage is
A) procyclical.
B) countercyclical.
C) acyclical.
D)
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