Question: 1. Define the three key business cycle regularities studied and determine the comovement between the real GDP in blue and the macroeconomic variable in red.(15p)

1. Define the three key business cycle regularities studied and determine

1. Define the three key business cycle regularities studied and determine the comovement between the real GDP in blue and the macroeconomic variable in red.(15p)

the comovement between the real GDP in blue and the macroeconomic variable

3 2 Percentage Deviation from Trend -2 -3 -4 GDP -5 / -6 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 Year

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