If Deviations from Trend in a Macroeconomic Variable Are Negatively

question 18

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

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