
The business cycle component of the log of real per capita GDP is equal to
A) log of trend GDP divided by log of actual real GDP.
B) log of trend per capita GDP - log of actual real per capita GDP.
C) log of actual real GDP divided by log of trend GDP.
D) log of trend GDP - log of actual real GDP.
E) log of actual real per capita GDP - log of trend per capita GDP.
Correct Answer:
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