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  3. Study Set
    Intermediate Macroeconomics
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    Exam 9: An Equilibrium Business-Cycle Model
  5. Question
    A Variable That Moves in the Same Direction as Real
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A Variable That Moves in the Same Direction as Real

Question 1

Question 1

Multiple Choice

A variable that moves in the same direction as real GDP is known as:


A) acyclical.
B) procyclical.
C) countercyclical.
D) exogenous.

Correct Answer:

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