Since 1962,real GDP in the United States has
A) grown steadily.
B) fluctuated.
C) not changed in per capita terms.
D) been consistently above potential GDP.
E) been subject to increasingly severe depressions.
Correct Answer:
Verified
Q1: The level of real national output demanded
Q3: The following question are based on the
Q4: The following question are based on the
Q5: During a period when total spending is
Q6: If the money supply is fixed,decreases in
Q7: The phase of the business cycle in
Q8: If the money supply is fixed,increases in
Q9: The phase of the business cycle in
Q10: The following question are based on the
Q11: The total amount of goods and services
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