Multiple Choice
Which part of real GDP fluctuates most over the course of the business cycle?
A) consumption expenditures
B) government expenditures
C) investment expenditures
D) net exports
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Figure 33-1. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-1.
Q22: Figure 33-2. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-2.
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
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
Q30: Which of the following is correct?<br>A)Over the
Q31: Which of the following is correct?<br>A)Short run