Multiple Choice
For the study of economic growth,it is most helpful to examine movements in ________; for the study of business cycles,it is most helpful to examine movements in ________.
A) trend GNP; trend GNP
B) trend GNP; deviations from trend in GNP
C) deviations from trend in GNP; trend GNP
D) deviations from trend in GNP; deviations from trend in GNP
Correct Answer:

Verified
Correct Answer:
Verified
Q35: The U.S. government budget was<br>A) continuously in
Q36: Which is a question of interest in
Q37: What is the key feature that differentiates
Q38: Current macroeconomic models use microeconomic principles because<br>A)
Q39: In the long run,the quantity of money<br>A)
Q41: Between 1947 and 2011,<br>A) Exports decreased and
Q42: The business cycle component of the log
Q43: In the long run,inflation is caused by<br>A)
Q44: In 2011,the per-capita GDP in the United
Q45: Unemployment,at the aggregate level.,<br>A) is avoidable.<br>B) is