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Home Q & A Board Other Fields Homework Help Business Economics
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Ao9 Ao9
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8 years ago
Business cycle persistence refers to the property that
A) business cycles are persistently hard to predict.
B) when real GDP is above trend, it tends to stay above trend, and when it is below trend, it tends to stay below trend.
C) booms and recessions last a long time.
D) real GDP is rarely exactly at trend.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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#2
8 years ago
Solved!!
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#3
8 years ago
Please mark it solved once you get a chance.
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