Business fluctuations are variations in
A) real income (GDP) around its trend growth rate.
B) inflation around its trend growth rate.
C) the unemployment rate around its trend growth rate.
D) mortgage defaults around their trend growth rate.
Correct Answer:
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Q1: The aggregate demand curve shows all the
Q2: Which of the curves listed below is
Q4: Variation of real GDP around the normal
Q5: Q6: If the growth rate of money is Q8: Politicians and especially the general public worry Q9: During a recession Q10: If spending in an economy increases by
A) labor is not fully
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