Question: Why is forecasting GDP in the long run so difficult? Question 7 ( 1 point ) If the correlation between GDP and y is -

Why is forecasting GDP in the long run so difficult? Question 7(1 point)
If the correlation between GDP and y is -0.75, we say y is
Question 7 options:
a)
countercyclical.
b)
positively correlated.
c)
procyclical.
d)
acyclical.
e)
persistent

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