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Which of the Following Is Characteristic of Business Cycles

Question 40

Multiple Choice

Which of the following is characteristic of business cycles?


A) consumption displays greater volatility than GDP
B) investment remains relatively stable throughout the business cycle
C) the inflation rate is a leading indicator of recessions and expansions in GDP
D) the unemployment rate is a leading indicator of recessions and expansions in GDP
E) the growth rate of wages fluctuates less than the growth rate of GDP

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