All of the Following Are True About a Cyclical Pattern

question 55

Multiple Choice

All of the following are true about a cyclical pattern except

• A) It is often due to multiyear business cycles.
• B) It is often combined with long-term trend patterns and called trend-cycle patterns.
• C) It usually is easier to forecast than a seasonal pattern due to less variability.
• D) It is an alternating sequence of data points above and below the trend line.