The average annual rate of growth of real GDP in the United States has fluctuated around ____ for the last 60 years.
A) 1.2%
B) 3.2%
C) 5%
D) -1%
Correct Answer:
Verified
Q1: If spending growth is 6% and inflation
Q2: Variations in real GDP growth around its
Q6: If the growth rate of money is
Q9: The term "business fluctuations" refers to:
A) the
Q11: Business fluctuations are fluctuations in the:
A) level
Q12: Politicians and especially the general public worry
Q14: If spending growth is 3% and real
Q15: Use the following to answer questions
Figure:
Q18: Economic growth is smooth in:
A) developed countries
Q19: A significant,widespread decline in real income and
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