Which of the Following Is Not True of a Time

question 3

Multiple Choice

Which of the following is not true of a time series with a cyclical component?

• A) It has wavelike fluctuations lasting from several months to several years.
• B) It is difficult to analyze because cycles vary in length and amplitude.
• C) It typically coincides with business cycles in the economy.
• D) It has wavelike fluctuations always lasting less than a year.

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