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Using a Hodrick-Prescott filter to estimate potential output is: Question 16 options: Always a bad idea Can be used to explain why households engage in
Using a Hodrick-Prescott filter to estimate potential output is: Question 16 options: Always a bad idea Can be used to explain why households engage in consumption smoothing Always a good idea Typically plays a role in deriving potential GDP
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Principles of Economics
Authors: Robert Frank, Ben Bernanke
5th edition
73511404, 978-0073511405
