Macroeconomics
21st Edition
ISBN: 9781259915673
Author: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn Dr.
Publisher: McGraw-Hill Education
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Chapter 6, Problem 4RQ
To determine
Theeconomy’s real GDP .
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Which of the following is correct?a. Over the business cycle consumption fluctuates more than investment.b. Economic fluctuations are easy to predict.c. During recessions sales and profits tend to fall.d. Because of government policy the U.S. has suffered no recessions in the last 25 years.
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a.
b.
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