Which of the following is not a correct characterization of the U.S. business cycle?
A) Investment fluctuates less than GDP.
B) Consumption fluctuates less than GDP.
C) Employment fluctuates less than GDP.
D) Average labor productivity fluctuates less than GDP.
Correct Answer:
Verified
Q36: If a macroeconomic variable tends to aid
Q37: Average labor productivity tends to be
A) procyclical
Q38: An example of a leading variable in
Q39: Employment tends to be
A) procyclical and less
Q40: A scatterplot allows us
A) to mark peaks
Q42: The observation that the money supply is
Q43: Which of the following is not a
Q44: Seasonal adjustment
A) should never be used.
B) is
Q45: Which of the following is not a
Q46: The weight of empirical evidence suggests that
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