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Economic time series always have similar features in sub-periods. Is this statement correct?

Economic time series always have similar features in sub-periods. Is this statement correct?

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Answer #1

The statement is : False

Reason: It may not be alawys true that the sub-periods considered has similar features. Some sub-periods can have extreme features ( like the financial crisis of 2008) and other may be a normal sub-period.

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