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    Statistics
  3. Study Set
    Basic Statistics for Business Economics
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    Exam 16: Time Series and Forecasting
  5. Question
    Economic Periods of Prosperity Followed by Recession Are Described As
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Economic Periods of Prosperity Followed by Recession Are Described As

Question 12

Question 12

Multiple Choice

Economic periods of prosperity followed by recession are described as:


A) secular trend.
B) seasonal variation.
C) cyclical variation.
D) episodic variation.
E) irregular variation.

Correct Answer:

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