Multiple Choice
Since 1947,
A) the U.S.price level has fallen while real GDP rose
B) U.S.real GDP has grown at about the same rate as nominal GDP
C) U.S.employment increased while utilization of capital declined
D) the U.S.price level has doubled,despite eight recessions
E) U.S.real GDP has quintupled,despite eight recessions
Correct Answer:
Verified
Correct Answer:
Verified
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