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Other Fields Homework Help Economics Topic started by: ice5192 on Dec 10, 2017



Title: If deviations from trend in a macroeconomic variable are negatively correlated with deviations from ...
Post by: ice5192 on Dec 10, 2017
If deviations from trend in a macroeconomic variable are negatively correlated with deviations from trend in real GDP, that variable is said to be
A) useless in predicting future movements in real GDP.
B) procyclical.
C) countercyclical.
D) acyclical.
E) uncorrelated.


Title: Re: If deviations from trend in a macroeconomic variable are negatively correlated with deviations ...
Post by: shabith on Dec 10, 2017
C