Multiple Choice
Comovement can be determined by
A) determining whether a series leads or lags.
B) determining the persistence in a series.
C) marking peaks and troughs.
D) economic forecasting models.
E) examining a scatter plot.
Correct Answer:
Verified
Correct Answer:
Verified
Q30: Amplitude of the business cycle is<br>A)the size
Q31: Stock prices tend to lead real GDP
Q32: Why is forecasting GDP over the long
Q33: A business cycle peak is a<br>A)minimum deviation
Q34: Robert Lucas has popularized the notion that
Q36: Inventory investment tends to be<br>A)leading.<br>B)so unchanging that
Q37: If the deviations from trend in a
Q38: The defining feature of business cycles is
Q39: The real wage is<br>A)acyclical.<br>B)higher than real GDP.<br>C)countercyclical.<br>D)procyclical.<br>E)always
Q40: A business cycle trough is a<br>A)relatively large