If Deviations from Trend in a Macroeconomic Variable Are Negatively

question 43

Multiple Choice

If deviations from trend in a macroeconomic variable are negatively correlated with deviations from trend in real GDP, that variable is said to be

• A) useless in predicting future movements in real GDP.
• B) procyclical.
• C) countercyclical.
• D) acyclical.
• E) uncorrelated.

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Definitions:

Change Talk

Conversational expressions indicating a person's openness or consideration toward changing a behavior or thought pattern.

Relapse Prevention

Strategies or techniques used to avoid returning to harmful or undesired behaviors after a period of recovery or improvement.

High-Risk Situations

Circumstances or environments that have a greater likelihood of leading to harm or negative outcomes.

Behavioral and Cognitive

Pertaining to the psychological approaches that focus on altering negative behaviors and thought patterns.