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The tendency of many economic variables to move together in a predictable way over the business cycle is called Select one: Oa. recurrence O b. persistence OC. comovement Od. inflation

The tendency of many economic variables to move together in a predictable way over the business cycle is called Select one: Oa. recurrence O b. persistence OC. comovement Od. inflation

Economics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 12CQ
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The tendency of many economic variables to move together in a predictable way over the business cycle is called Select one:
Oa. recurrence
O b. persistence
OC. comovement
Od. inflation

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1 tof The tendency of many economic variables to move together in a predictable way over the business cycle is called Select one: a. recurrence Ob. persistence Oc. comovement d. inflation
Transcribed Image Text:1 tof The tendency of many economic variables to move together in a predictable way over the business cycle is called Select one: a. recurrence Ob. persistence Oc. comovement d. inflation
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