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Author Question: Suppose the President is campaigning for reelection, and says you should vote for him because a ... (Read 77 times)

captainjonesify

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Suppose the President is campaigning for reelection, and says you should vote for him because a downward trend in the unemployment rate has occurred over the last four years. What can you conclude? e. This trend will likely continue for a long time whether the president is reelected or not. f. This trend could just be a part of the longer-term, up and down behavior of unemployment rates. g. This trend was definitely caused by the President and his administration. He should be reelected if you expect it to continue. h. None of the above.

Question 2

Which of the following describes the result of seasonally adjusting a time series (such as the unemployment rate)?
 a. The seasonal extremes have been removed.
  b. One time period no longer dominates each year as the high or the low.
  c. The variability is reduced.
  d. All of the above.



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Brenm

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Answer to Question 1

B

Answer to Question 2

D




Brenm

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