The cyclic component of a time series is likely to exhibit business cycles that record periods of economic recession and inflation.

Name: The cyclic component of a time series is likely to exhibit business cycles that record periods of economic recession and inflation.
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The cyclic component of a time series reflects fluctuations in the data that occur over periods longer than a year, often associated with business cycles, including periods of economic recession and inflation.

The Cyclic Component of a Time Series Is Likely to Exhibit