Multiple Choice
Which of the following is not a correct characterization of the U.S. business cycle?
A) Employment is procyclical.
B) Average labor productivity is countercyclical.
C) Wages are procyclical.
D) Money is procyclical.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q31: Average labor productivity is computed as the<br>A)
Q32: If the correlation between GDP and y
Q33: Average labor productivity tends to be<br>A) procyclical
Q34: Business cycle persistence refers to the property
Q35: Employment tends to be<br>A) procyclical and less
Q37: For the period 1947-2012,the behavior of the
Q38: Negative correlation between x and y implies
Q39: Which of the following is not a
Q40: If a macroeconomic variable tends to aid
Q41: For the period 1947-2012 in the United