Multiple Choice
Comovement relates to
A) macroeconomic variables fluctuating together in patterns that exhibit strong regularities.
B) the movement of business cycles over time.
C) the relationship between real and nominal interest rates.
D) the movement between price levels and real GDP over time.
E) the frequency of the business cycles.
Correct Answer:
Verified
Correct Answer:
Verified
Q49: If the correlation coefficient between x and
Q50: Real consumption tends to be<br>A)countercyclical and less
Q51: Average labour productivity tends to be<br>A)countercyclical and
Q52: Positive correlation between x and y implies
Q53: Real wages are defined as<br>A)the average money
Q54: The defining feature of business cycles is
Q55: Phillips curves are<br>A)hard to find in the
Q56: Average labour productivity<br>A)is more variable than real
Q57: A measure of the degree of correlation
Q59: If the correlation between GDP and y