Business cycles result when
A) the labor force participation rate changes.
B) aggregate demand grows faster than potential GDP.
C) real GDP equals potential GDP.
D) aggregate supply and aggregate demand change at an uneven pace.
Correct Answer:
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Q45: The velocity of circulation is
A) the same
Q46: The major component of the capital and
Q47: If two currencies allow for the equal
Q48: When money is accepted as payment in
Q49: The main component of the current account
Q51: Japanʹs population increased by 3 percent in
Q52: Long-run macroeconomic equilibrium occurs when
A) real GDP
Q53: If the U.S. interest rate differential _,
Q54: The _growth theory assumes that population growth
Q55: Keynesian economists believe that
A) activist government policy
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