Multiple Choice
Amplitude of the business cycle is
A) the amount of volatility in the business during one year.
B) the size of the minimum deviation from trend.
C) where the turning points of the business cycle occur.
D) the size of the maximum deviation from trend.
E) the amount of employment and real GDP changes during one year.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: In Canada,three important recessions occurred between<br>A) 1944-1946,
Q47: Why is forecasting GDP in the long
Q48: Comovement can be discussed by<br>A) looking at
Q49: Forecasting the future path of real GDP
Q50: If real GDP helps to predict the
Q52: Inventory investment tends to be<br>A) coincident.<br>B) leading.<br>C)
Q53: For the period 1961-2011 in Canada,the price
Q54: One example of a Phillips Curve would
Q55: For the period 1961-2011 in Canada,the price
Q56: Average labour productivity is computed as the<br>A)