Which statement is correct?
A) During a recession spending on capital goods increases.
B) Real output and employment usually show little variance over the business cycle.
C) The production of nondurable consumer goods is more stable than the production of durable consumer goods over the business cycle.
D) Recessions have not been severe because economists and statisticians have been able to predict their occurrence and intensity with high accuracy.

Question

Quizplus · Accepted Answer

The Answer is C

Which Statement Is Correct