Many economic variables are classified according to their relation to the business cycle.What are the principal categories? Variables in which category(ies)are of greatest help in forecasting changes in the economy?
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Q17: Economic activity that is above potential output
Q18: A procyclical variable _.
A)moves up during expansions
Q19: Examining U.S.business cycles over time reveals that
Q20: The difference between aggregate economic activity and
Q21: If events in a single country cause
Q23: To understand what causes the business cycle,leading
Q24: Interest rates spreads between long-term and short-term
Q25: The interest rates paid on Treasury bills
Q26: Interest rates spreads between corporate and government
Q27: Which of these economic variables is countercyclical?
A)investment
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