Which of the following is correct?
A) Short run fluctuations in economic activity happen only in developing countries.
B) During economic contractions most firms experience rising profits.
C) Recessions come at irregular intervals and are easy to predict.
D) When real GDP falls,the rate of unemployment generally rises.
Correct Answer:
Verified
Q1: During recessions declines in investment account for
Q2: When we say that economic fluctuations are
Q4: The investment component of GDP measures spending
Q5: Which of the following is correct?
A)Economic fluctuations
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents