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According to Mainstream Business Cycle Theory, _______ Grows at a Steady

Question 45

Multiple Choice

According to mainstream business cycle theory, _______ grows at a steady rate and _______ grows at a fluctuating rate.


A) aggregate demand; long- run aggregate supply
B) potential GDP; short- run aggregate supply
C) short- run aggregate supply; long- run aggregate supply
D) short- run aggregate supply; aggregate demand
E) potential GDP; aggregate demand

Correct Answer:

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