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Ao9 Ao9
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Posts: 1908
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8 years ago
If deviations from trend in a macroeconomic variable are positively correlated with deviations from trend in real GDP, that variable is said to be
A) procyclical.
B) useful in predicting future movements in real GDP.
C) countercyclical.
D) acyclical.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
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8 years ago
Solved!!
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8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
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