Amplitude of the business cycle is
A) the amount of volatility in the business during one year.
B) the size of the minimum deviation from trend.
C) where the turning points of the business cycle occur.
D) the size of the maximum deviation from trend.
E) the amount of employment and real GDP changes during one year.
Correct Answer:
Verified
Q2: Comovement relates to
A) the relationship between real
Q3: The defining feature of business cycles is
Q4: Comovement can be determined by
A) examining a
Q5: A business cycle peak is a
A) small
Q6: The defining feature of business cycles is
Q8: An example of a statistical model is
Q9: Positive correlation between x and y implies
Q10: The property that macroeconomic variables fluctuate together
Q11: Business cycle persistence refers to the property
Q12: In Canada,three important recessions occurred between
A) 1944-1946,
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