« previous next »

Author Question: If deviations from trend in a macroeconomic variable are positively correlated with deviations from ... (Read 71 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
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) useful in predicting future movements in real GDP.
  B) procyclical.
  C) countercyclical.
  D) acyclical.

Question 2

The desire to smooth consumption is reflected in
 
  A) the consumer's budget constraint.
  B) the curvature in a consumer's indifference curves.
  C) choice between present and future.
  D) the production possibilities frontier.


Shshxj

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
Refraction Through Uniform and Variable Thickness Glasses Refraction Through Uniform and Variable Thickness Glasses
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
The location of the variable fuel sensor can vary, depending on the make and model of vehicle, but ... The location of the variable fuel sensor can vary, depending on the make and model of vehicle, but ...
How to solve a linear system when the variable is in the denominator position (Question 1 of 2) How to solve a linear system when the variable is in the denominator position (Question 1 of 2)
Variable expression of yellow phenotype in mice caused by diet-related epigenetic changes in the gen Variable expression of yellow phenotype in mice caused by diet-related epigenetic changes in the gen
Video: What is an ecosystem?

For a complete list of videos, visit our video library