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16. A) Over the business cycle, investment spending is inversely correlated with is more volatile than has about the same volatility as is less volatile
16. A) Over the business cycle, investment spending is inversely correlated with is more volatile than has about the same volatility as is less volatile than consumption spending
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Handbook Of The Economics Of Finance Volume 2A
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
