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Within the business cycle framework, the variables money supply and employments are considered procyclical. This is because Select one: a. they are both lagged variables
Within the business cycle framework, the variables money supply and employments are considered procyclical. This is because
Select one:
a.
they are both lagged variables since their movements follow that of the GDP
b.
None of the other options
c.
they are both positively correlated to the GDP
d.
they are negatively correlated to GDP
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