Multiple Choice
Real GDP
A) moves in the opposite direction as unemployment.
B) increases as production falls.
C) falls when households save a smaller fraction of their income.
D) All of the above are correct.
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
Q30: Which of the following is correct?<br>A)Over the
Q31: Which of the following is correct?<br>A)Short run
Q33: Many macroeconomic variables<br>A)fluctuate together and by different