Multiple Choice
Which of the following is a feature of recent Canadian business cycles?
A) The time series of deviations from trend in real GDP is quite choppy.
B) The time series of deviations from trend in real GDP is quite smooth.
C) There is no regularity to the amplitude of fluctuations in GDP below trend.
D) There is no regularity to the frequency of fluctuations in GDP below trend.
E) They are difficult to measure.
Correct Answer:

Verified
Correct Answer:
Verified
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