Which of the following is a feature of Canadian business cycles?
A) There is regularity in fluctuations in real GDP about trend.
B) There is no regularity in the amplitude of fluctuations in real GDP about trend.
C) There is regularity in the amplitude of fluctuations in real GDP about trend.
D) They are not persistent.
E) The time series of deviations from trend in real GDP is quite smooth.
Correct Answer:
Verified
Q25: Comovement can be discerned by
A)looking at the
Q26: Phillips curves are
A)hard to find in the
Q27: A business cycle peak is a
A)minimum deviation
Q28: If a macroeconomic variable tends to aid
Q29: One example of a Phillips Curve would
Q31: For the period 1961 2018 in Canada,
Q32: Forecasting real GDP is
A)done as well by
Q33: If the deviations from trend in a
Q34: Negative correlation between x and y implies
Q35: The defining feature of business cycles is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents