Multiple Choice
In the data,which of the following is most volatile?
A) real GDP
B) consumption of durables
C) consumption of nondurables
D) consumption of services
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q40: The endowment point is the consumption bundle
Q41: A one-period bond is a promise to
Q42: If we represents a two-period consumer's lifetime
Q43: If we represents a two-period consumer's lifetime
Q44: If government spending is held constant and
Q46: A permanent increase in income leads to<br>A)
Q47: The government's present value budget constraint states
Q48: Savings in our model are<br>A) durable consumption.<br>B)
Q49: If the interest rate increases,lifetime wealth (we)<br>A)
Q50: In the basic two-period model,<br>A) credit markets