Seasonal Adjustment in Macroeconomic Analysis

question 59

Multiple Choice

Seasonal adjustment in macroeconomic analysis

• A) is not usually important.
• B) is not necessary because economic activity tends to be too irregular for data-adjustment purposes.
• C) is often appropriate because most macroeconomic time-series exhibit predictable seasonal patterns.
• D) cannot be done because seasonal variation in production is extremely volatile and unstable.
• E) should never be done because is can mask important seasonal phenomena.

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Definitions:

Key Elements

The most important components or aspects that are necessary for understanding a concept or for the successful completion of a process.

Source

Refers to the origin or starting point of something, often used in the context of information, data, or materials.

Receiver

The individual or group who receives and interprets a message from the sender in the process of communication.

Noise

Is anything that interferes with the effectiveness of communication.