In the data, which of the following is most volatile?
A)aggregate income
B)real GDP
C)consumption of services
D)consumption of durables
E)consumption of nondurables

Question

Quizplus · Accepted Answer

Consumption of durables is most volatile because it includes items like cars and appliances, which people often delay purchasing during economic downturns, leading to larger fluctuations compared to other categories.

In the Data, Which of the Following Is Most Volatile