Multiple Choice
Which of the following is a feature of Canadian business cycles?
A) There is regularity in fluctuations in real GDP about trend.
B) There is no regularity in the amplitude of fluctuations in real GDP about trend.
C) There is regularity in the amplitude of fluctuations in real GDP about trend.
D) They are not persistent.
E) The time series of deviations from trend in real GDP is quite smooth.
Correct Answer:
Verified
Correct Answer:
Verified
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