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    Macroeconomics Study Set 67
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    Exam 3: Business Cycle Measurement
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    In the 1961 2018 Canadian Data, the Inflation Rate Is
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In the 1961 2018 Canadian Data, the Inflation Rate Is

Question 22

Question 22

Multiple Choice

In the 1961 2018 Canadian data, the inflation rate is


A) acyclical.
B) procyclical.
C) countercyclical.
D) indicative of a reverse Phillips curve.
E) negatively correlated with real GDP.

Correct Answer:

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