To understand what causes the business cycle,leading variables alone are of interest.Coincident and lagging variables merely display the consequences of changes in the economy.Respond.
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Q18: A procyclical variable _.
A)moves up during expansions
Q19: Examining U.S.business cycles over time reveals that
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Q27: Which of these economic variables is countercyclical?
A)investment
Q28: Economic globalization has seen _.
A)a decoupling of
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