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The figure below is historical demand (vertical axis) over time (horizontal axis). You can see the actual sales (in green) and the underlying pattern, which
The figure below is historical demand (vertical axis) over time (horizontal axis). You can see the actual sales (in green) and the underlying pattern, which is represented by the straight black line. Which component of demand is represented by this line. Figure Group of answer choices Trend Stable horizontal pattern Seasonal effect Step change
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Macroeconomics
Authors: Paul Krugman, Robin Wells
4th Edition
1464110379, 9781464110375
