Question: the correlation between GDP and y is 0 . 7 5 , we say y is a ) procyclical b ) acyclical c ) persistent

the correlation between GDP and y is 0.75, we say y is a) procyclical b ) acyclical c ) persistent d ) positively correlated . e ) countercyclical

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

1. A player throws a fair die and simultaneously flips a fair coin. If the coin lands heads, then she wins twice, and if tails, then one-half of the value that appears on the die. Determine her...

Q:

Write 2 paragraphs about Macro risks and the term structure of interest rates article. No max word count, page count, or formatting requirements but has to be submit to my tutor's work as my own....

Q:

Debating Global Development - Review: Chapter 8 Instructions: Chapter 8 Identify and explain two distinct pieces of knowledge acquired from the chapter. Identify a specific assertion that you found...

Q:

Why is forecasting GDP in the long run so difficult? Question 7 ( 1 point ) If the correlation between GDP and y is - 0 . 7 5 , we say y is Question 7 options: a ) countercyclical. b ) positively...

Q:

the correlation between GDP and y is - 0 . 7 5 , we say y is a ) procyclical b ) acyclical c ) persistent d ) positively correlated . e ) countercyclical

Q:

SA-TIED YOUNG SCHOLARS PROGRAMME Young Scholars This paper was produced as a part of the SA-TIED Young Scholars' programme. The programme is a part of SATIED's capacity building initiatives, designed...

Q:

If the correlation between GDP and x is -0.75, we say x is A. countercyclical. B. procyclical. C. positively correlated. D. persistent E. acyclical

Q:

Set Student Name: 1. Describe the relationship between two variables that have a correlation coefficient value: a. Near -1 b. Near 0 c. Near 1 2. Data was collected where a weightlifter was asked to...

Q:

Instuctor's Annotated Edition TENTH EDITION Understandable Statistics Concepts and Methods Charles Henry Brase Regis University Corrinne Pellillo Brase Arapahoe Community College Australia Brazil...

Q:

I need your help with this: Can you please quote from the attached chapters / resource if possible? Corporations often use different costs of capital for different operating divisions. Using an...

Q:

Assume that you are the lead financial analyst for Target Corporation's Capital Expenditure Group - the group responsible for making investment decisions. Your new assignment is to lead a team of...

Q:

(a) What are the two variances between the actual cost and the standard cost for direct labor? (b) Who generally has control over the direct labor cost?

Q:

During the month of May, Bison Consulting Company provide $ 3 , 2 0 0 of consulting services to a local business. Payment is not expected until June. Which of the following statement is true? a ....

Q:

Social consequences of business activities, including pollution, energy loss, and dangerous accidents, are known as Blank______. Multiple choice question. externalities overruns unicorns output...