When RBC Economists Compare the Correlations in Their Models to the Data,what

question 88

Multiple Choice

When RBC economists compare the correlations in their models to the data,what are they looking at?

• A)the degree to which variables lead output over the business cycle
• B)the strength of procyclicality of different variables
• C)the amount of random variation in economic variables
• D)the degree to which different economic variables move together

Understand the importance of representative sampling in research generalizability.

Appreciate the role of random assignment in experimental design.

Understand the concept and calculation of reliability for products with components in series and parallel arrangements.

Grasp the definitions of key terms in reliability and maintenance such as reliability, MTBF, infant mortality, and maintenance types.

---

Definitions:

Goal Acceptance

The extent to which individuals endorse and commit to achieving a set goal.

Effort-To-Performance

The expectancy that one's investment of effort will lead to a certain level of performance.

Work-Outcome Relationships

The connection between the effort invested in work and the results or rewards derived from that work.

Desirability

The quality of being wanted or wished for as being attractive, useful, or necessary.