Multiple Choice
The business cycle refers to
A) changes in the level of employment.
B) fluctuations in the level of real GDP around potential GDP.
C) changes in the level of nominal GDP.
D) changes in the level of the stock market.
Correct Answer:
Verified
Related Questions
Q66: Real GDP is
A)an increase in the average
Q67: In any year, real GDP
A)always equals potential
Q68: Net exports of goods and services equal
Q69: Gross private domestic investment is all purchases
Q70: Gross domestic product is a measure of
Q72: Potential GDP is
A)always different from real GDP.
B)another
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents