A Variable That Moves in the Same Direction as Real

question 1

Multiple Choice

A variable that moves in the same direction as real GDP is known as:

• A)acyclical.
• B)procyclical.
• C)countercyclical.
• D)exogenous.

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Definitions:

Process Information

The act of taking in, interpreting, and making use of information received from the environment or internal thought processes.

Otto Loewi

Nobel Prize-winning physiologist recognized for his discovery of chemical neurotransmission, demonstrating how nerve impulses are transmitted by chemical means.

Synapse

A junction between two neurons, consisting of a minute gap across which impulses pass by diffusion of a neurotransmitter.

Hypothesis

An initial explanation put forward for an event, intended as a groundwork for additional study.