Gradual Shifting or Movement of a Time Series to Relatively

question 14

Multiple Choice

Gradual shifting or movement of a time series to relatively higher or lower values over a longer period of time is called _____.

• A) periodicity
• B) a cycle
• C) regression
• D) a trend

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Definitions:

Embargo

A prohibition on trade in a particular product.

Ad Valorem Tariff

A type of tariff based on a percentage of the value of the imported goods, rather than on quantity or weight.