If the turning points of an economic variable occur after the turning points of economic activity, then the economic variable is called a . a procyclical variable b . a countercyclical variable c. an acyclical variable d . a leading variable e . a coincident variable f . a lagging variable
If the turning points of an economic variable occur after the turning points of economic activity, then the economic variable is called a . a procyclical variable b . a countercyclical variable c. an acyclical variable d . a leading variable e . a coincident variable f . a lagging variable
Chapter1: Introducing The Economic Way Of Thinking
Section1.A: Applying Graphs To Economics
Problem 2SQ
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If the turning points of an economic variable occur after the turning points of economic activity, then the economic variable is called a . a procyclical variable b . a countercyclical variable c. an acyclical variable d . a leading variable e . a coincident variable f . a lagging variable
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