Multiple Choice
Percentage deviations from trend in the Solow residual are
A) procyclical and have about equal magnitude as percentage deviations from trend in GDP.
B) procyclical and smaller than percentage deviations from trend in GDP.
C) procyclical and larger than percentage deviations from trend in GDP.
D) unrelated to the business cycle.
E) related to changes in the labour force.
Correct Answer:
Verified
Correct Answer:
Verified
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