Which of the Following Components Is Not Present in a Time

question 36

Multiple Choice

Which of the following components is not present in a time series?

• A) secular trend
• B) regular variation
• C) cyclical variation
• D) seasonal variation

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Definitions:

Transitive Preferences

A principle in economics that if an individual prefers option A over option B and prefers option B over option C, then they will prefer option A over option C.

Intelligence

The ability to acquire, understand, apply knowledge, and solve complex problems, often seen as a combination of cognitive functions.

Looks

In economics, "looks" can refer to physical appearance influencing economic outcomes, although it's not a standard economic term.

Indifference Curves

A graphical representation showing combinations of goods or services among which a consumer is indifferent, depicting equal levels of satisfaction.