THE BUSINESS CYCLE COMPONENT OF THE LOG OF REAL PER-CAPITA GNP IS...

12) - TEST BANK FOR MACROECONOMICS 4TH EDITION BY WILLIAMSON
TEST BANK FOR MACROECONOMICS 4TH EDITION BY WILLIAMSON
12) The business cycle component of the log of real per-capita GNP is equal toA) log of actual real GNP - log of trend GNP.B) log of trend GNP ÷ log of actual real GNP.C) log of trend GNP - log of actual real GNP.D) log of actual real GNP ÷ log of trend GNP.Answer: AQuestion Status: Previous Edition