Comovement is
A) the tendency for declines in economic activity to be followed by further declines, and for growth in economic activity to be followed by more growth.
B) the idea that the standard pattern of contraction-trough-expansion-peak occurs again and again in industrial economies.
C) the tendency of many economic variables to move together in a predictable way over the business cycle.
D) the idea that peaks and troughs of the business cycle occur at regular intervals.
Correct Answer:
Verified
Q1: The tendency of many economic variables to
Q3: Business cycles all display the following characteristics
Q4: The dates of turning points are determined
Q5: Research on the effects of recessions on
Q6: The low point in the business cycle
Q7: A detailed history of business cycles is
Q8: Who officially determines whether the economy is
Q9: One of the first organizations to investigate
Q10: The high point in the business cycle
Q11: When aggregate economic activity is increasing,the economy
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