Multiple Choice
Which of the following is correct?
A) Over the business cycle investment fluctuates more than consumption.
B) Economic fluctuations are easy to predict.
C) During recessions employment rises.
D) Because of government policy the U.S.had zero recessions in the last 25 years.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: Which of the following is correct?<br>A)Economic fluctuations
Q24: During recessions employment typically<br>A)falls substantially.As the recession
Q25: During recessions investment<br>A)falls by a larger percentage
Q26: Which part of real GDP fluctuates most
Q27: Below are pairs of GDP growth rates
Q28: When we say that economic fluctuations are
Q29: During recessions,income<br>A)and unemployment both rise.<br>B)rises and unemployment
Q31: Which of the following is correct?<br>A)Short run
Q32: Real GDP<br>A)moves in the opposite direction as
Q33: Many macroeconomic variables<br>A)fluctuate together and by different