Multiple Choice
Which of the following statements is correct about the U.S. economy?
A) Economic fluctuations in the U.S. economy have been smoothed out.
B) The U.S. economy experiences economic fluctuations.
C) The U.S. economy has shrunk over the long term.
D) Business cycles usually involve a small number of states.
E) Business cycles only affect production and employment.
Correct Answer:
Verified
Correct Answer:
Verified
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