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Submitted by twoodardharlem on Fri, 2012-03-23 13:16
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1. Suppose that a country’s annual growth rates were 5,3,4,-1,-2,2,3,4,6 and 3 inyearly sequence over a 10 year period. What was...

1. Suppose that a country’s annual growth rates were 5,3,4,-1,-2,2,3,4,6 and 3 inyearly sequence over a 10 year period. What was the country’s trend rate of growth over this period? Which set of years most clearly demonstrates an expansionary phase of the business cycle? Which set of years best illustrates a recessionary phase of the business cycle?

Answer
Submitted by shahimermaid on Fri, 2012-03-23 22:15
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body preview (55 words)

What xxx the country’s xxxxx xxxx of growth xxxx xxxx period?

xxxxxx growth xxxx = xxxx xxxxx year

xxxxxx xx xxxx xxxxxxxxx

xxxxx set of years most xxxxxxx xxxxxxxxxxxx xx xxxxxxxxxxxx xxxxx of xxx xxxxxxxx cycle? Year 6,7, 8 & x

xxxxx xxx xx xxxxx xxxx illustrates a xxxxxxxxxxxx phase of the business cycle?= year 3,4 &x

file1.xlsx preview (85 words)

xxxxxx

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Year(X) Annual xxxxxx xxxxxxxx(X)^2xx
1 x1 5
2346
3x 912
4 -116 -4
5-2 25 -10
6x xx12
7x xx 21
x x6432
x 6 xx xx
10 310030
xx xx xxx158
trend xxxx is Y= x +bX
xxx xxxxxxx
xxx x 55a x xxxx
solving xxx two equations xx xxxx the a xxx b
27= xxxxxxx x x
xxx x 55a x 385b
xxx x xx a xxxxx
158 = xxx + xxxx
a= xxxx and xx xxxx

Sheet2

xxxxxx


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