If the correlation coefficient between x and y is equal to -1, we say that x and y are
A) imperfectly negatively correlated.
B) perfectly negatively correlated.
C) lagging variables.
D) perfectly positively correlated.
E) countercyclical.
Correct Answer:
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Q39: Investment tends to be a(n)
A) procyclical variable.
B)
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A) calculating the
Q41: A reverse Phillips Curve would consist of
Q42: Employment is
A) less variable than real GDP.
B)
Q43: Phillips curves are
A) easy to find in
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