Questions and Answers > University of California, BerkeleyECON 100BProblemSet2Summer2017Solutionsv2

Econ 100B: Economic Analysis { MacroeconomicsProblem Set #2 { SolutionsDue Date: July 6, 20171. Comparing the output and unemployment gaps shown on slide 26 of lecture 8:(a) Would you characterize the direction of these fluctuations as generally procyclical,countercyclical, or acyclical? Why?The direction of these fluctuations is generally countercyclical because almost all of themovements in the ...[Show More]

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