Multiple Choice
Business cycles in macroeconomics are
A) the increase in a nation's productive capacity over a long period of time.
B) the economic interrelationships among nations.
C) changes in the average standard of living over time.
D) short-run ups and downs in aggregate economic activity.
E) profits and losses of firms.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Money is differentiated from other assets due
Q2: What is produced and consumed in the
Q3: The two key business cycle events in
Q5: One important influence on the current account
Q6: In the long run,inflation is caused by<br>A)
Q7: Long-run inflation tends to<br>A) reduce employment, output,
Q8: In free-market economies<br>A) tend to produce socially
Q9: For the study of economic growth,it is
Q10: Two plausible hypothesis to explain the productivity
Q11: Growth in productivity slowed from the<br>A) early