Multiple Choice
A secular trend is the:
A) annual pattern in sales or profits caused by weather, habit, or social custom.
B) predictable shock to the pace of economic activity caused by wars, strikes, natural catastrophes, and so on.
C) long-run pattern of increase or decrease in a series of economic data.
D) rhythmic variation in economic series that is due to expansion or contraction in the overall economy.
Correct Answer:
Verified
Correct Answer:
Verified
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