Solved

Many Economic Variables Are Classified According to Their Relation to the Business

Question 84

Essay

Many economic variables are classified according to their relation to the business cycle.What are the principal categories? Variables in which category(ies)are of greatest help in forecasting changes in the economy?

Correct Answer:

verifed

Verified

Economic variables may be procyclical,co...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q79: The U.S.economy of the 1970s is typically

Q80: An increase in the price level that

Q81: In the 1970s,the U.S.economy _.<br>A)grew at a

Q82: Economic activity that is above potential output

Q83: Empirical evidence shows that prices are sticky

Q85: During the U.S.Great Moderation,_.<br>A)the volatility in the

Q86: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5036/.jpg" alt=" -According to the

Q87: A leading countercyclical variable _.<br>A)reaches a peak

Q88: Examining U.S.business cycles over time reveals that

Q89: In a business cycle,a period from peak