« previous next »

Author Question: If deviations from trend in a macroeconomic variable are positively correlated with deviations from ... (Read 123 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?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Variable expressivity Variable expressivity
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.
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
Variable expressivity as shown in flies homozygous for the eyeless mutation in Drosophila Variable expressivity as shown in flies homozygous for the eyeless mutation in Drosophila
Separation of variable number tandem repeat (VNTR) alleles after PCR amplification Separation of variable number tandem repeat (VNTR) alleles after PCR amplification
Video: Introduction to Human Immunodeficiency Virus (HIV)

For a complete list of videos, visit our video library