Multiple Choice
When a macroeconomic aggregate is procyclical
A) it grows faster than GDP.
B) its deviations from trend generally change before the deviations from trend in GDP do.
C) its deviations from trend generally change more that the deviations from trend in GDP.
D) its deviations from trend are more often of the same sign as the deviations from trend in GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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