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Which of the following restates the basic business cycle fact that money is procyclical?
Conclusions
Statements or judgments that are formed after considering the relevant facts or evidence.
Confounded Variables
External factors in an experiment that might affect the outcome, making it difficult to determine if the results are due to the independent variable being tested.
Independent Variables
Factors in an experiment that are manipulated or changed by the researcher to observe their effects on the dependent variables.
Dependent Variables
Variables in an experiment or study that are expected to change as a result of changes made to the independent variable(s), essentially measuring the outcome of the study.
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