Notice that real gdp trends upward over time but experiences ups and downs in the short run.
these short-run fluctuations in real gdp are often referred to as
small ups and downs in real gdp follow a consistent, predictable pattern.
true false
which of the following probably occurred as the u. s. economy experienced increasing real gdp in 2009?
check all that apply.
__retail sales increased.
__industrial production declined.
__consumer spending increased.
__home sales declined.
Answers: 3
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Notice that real gdp trends upward over time but experiences ups and downs in the short run.
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