Multiple Choice
The Phillips curve shows the relationship between
A) real and nominal interest rates.
B) real and nominal GDP.
C) money prices and aggregate economic activity.
D) procyclical and countercyclical variables.
E) lagging an leading variables.
Correct Answer:

Verified
Correct Answer:
Verified
Q33: The observation that the money supply is
Q34: Before 2000,the three most recent Canadian recessions
Q35: Comovement relates to<br>A) the relationship between real
Q36: Average labour productivity tends to be a<br>A)
Q37: The Great Moderation is a period of
Q39: If a macroeconomic variable tends to aid
Q40: If deviations from trend in a macroeconomic
Q41: The defining feature of business cycles is
Q42: Real consumption tends to be<br>A) procyclical and
Q43: A business cycle peak is a<br>A) small