Multiple Choice
GDP is a good proxy for the business cycle itself since ________.
A) its real consumption spending component is procyclical and coincident
B) its real investment spending component is procyclical and coincident
C) it typically goes up in a boom and down in a recession
D) all of the above
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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Q123: There are no questions for this section.