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Which of the Following Is Not True of a Time

Question 3

Multiple Choice

Which of the following is not true of a time series with a cyclical component?


A) It has wavelike fluctuations lasting from several months to several years.
B) It is difficult to analyze because cycles vary in length and amplitude.
C) It typically coincides with business cycles in the economy.
D) It has wavelike fluctuations always lasting less than a year.

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