Multiple Choice
A measure of the degree of correlation between two variables is a
A) correlation statistic.
B) financial correlation.
C) correlation coefficient.
D) correlation variable.
E) statistical correlation.
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
Q58: Comovement relates to<br>A)macroeconomic variables fluctuating together in
Q59: If the correlation between GDP and y