If the correlation between GDP and y is -0.75, we say y is
A) procyclical.
B) acyclical.
C) countercyclical.
D) tricyclical.
C
You might also like to view...
Which is the most important category of Fed assets?
A) securities B) discount loans C) gold and SDR certificates D) cash items in the process of collection
The president of which Federal Reserve bank is always a voting member of the Federal Open Market Committee?
A) Philadelphia B) Boston C) Chicago D) New York
When China devalues its currency
a. the dollars per Chinese yuan will increase b. the drain of U.S. reserves on Chinese yuan will fall. c. U.S. exports to China will increase. d. the price of imported Chinese textiles in the U.S. will fall. e. Chinese imports will increase.
Which of the following is an example of a produced factor of production?
a. a plant in which automobiles are assembled b. skills that people accumulate in high school and college c. skills that people accumulate through experience in the workplace d. All of the above are correct.