A Time Series That Shows a Recurring Pattern Over One

question 26

Multiple Choice

A time series that shows a recurring pattern over one year or less is said to follow a

• A)horizontal pattern.
• B)stationary pattern.
• C)cyclical pattern.
• D)seasonal pattern.

---

Definitions:

Stocks

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.

Bonds

Financial securities that represent a loan made by an investor to a borrower, typically corporate or governmental, which pays interest over time and returns the principal at maturity.

Forgoing Benefits

The benefits that are lost when choosing one alternative over another; also known as opportunity cost.

Present Benefits

Advantages or positive outcomes that are received or enjoyed currently, as opposed to in the future.