If a major hurricane exerts an impact on the economy, that event could be classified as:
A) Secular trend
B) Episodic variation
C) Residual variation
D) Seasonal variation

Question

Quizplus · Accepted Answer

A major hurricane would be considered an episodic variation, which is a sudden, unexpected event that causes a significant impact on the economy. A secular trend is a long-term pattern that occurs over many years, while residual variation is the remaining variation that cannot be explained by other factors. Seasonal variation occurs regularly in a predictable pattern throughout the year.

If a Major Hurricane Exerts an Impact on the Economy