Multiple Choice
The variation in an economic time-series which is caused by major expansions or contractions usually of greater than a year in duration is known as:
A) secular trend
B) cyclical variation
C) seasonal effect
D) unpredictable random factor
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Variations in a time-series forecast can be
Q3: All of the following are criteria used
Q4: If two alternative economic models are offered,other
Q5: Simplified trend models are generally appropriate for
Q6: For studying demand relationships for a proposed
Q8: In the first-order exponential smoothing model,the new
Q9: The use of quarterly data to develop
Q10: Regarding forecasting,which of the following statements is
Q11: Consumer expenditure plans is an example of
Q12: The type of economic indicator that can