Real GDP ______ over time and the growth rate of real GDP ______.
A) grows; fluctuates
B) is steady; is steady
C) grows; is steady
D) is steady; fluctuates

Name: Real GDP ______ over time and the growth rate of real GDP ______. A) grows; fluctuates B) is steady; is steady C) grows; is steady D) is steady; fluctuates
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Question

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Real GDP grows over time due to increases in productivity and population, but the growth rate of real GDP fluctuates depending on economic conditions such as recessions or booms.

Real GDP ______ Over Time and the Growth Rate of Real