When we say that economic fluctuations are "irregular and unpredictable," we mean that
A) the relationship between output and unemployment is erratic and difficult to characterize.
B) when one macroeconomic variable that measures income or spending is falling,other macroeconomic variables that measure income or spending are likely to be rising.
C) recessions do not occur at regular intervals.
D) All of the above are correct.
Correct Answer:
Verified
Q1: During recessions declines in investment account for
Q3: Which of the following is correct?
A)Short run
Q4: The investment component of GDP measures spending
Q5: Which of the following is correct?
A)Economic fluctuations
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