If Data for a Time Series Analysis Are Collected on an Annual

question 21

Multiple Choice

If data for a time series analysis are collected on an annual basis only, which of the following components may be ignored?

• A) trend
• B) seasonal
• C) cyclical
• D) irregular

Understand the final steps in preparing a statement of cash flows, including adjustments and listing non-cash activities.

Understand the different roles and growing involvement of the government in economic and social issues.

Grasp the concepts and implications of different sources and structures of federal spending and taxation.

Recognize the impact of tax policies on different income groups and their progressivity or regressivity.