Over the business cycle, Over the business cycle,

Over the business cycle

Assignment Help Business Economics

Reference no: EM13898790

Over the business cycle,

a) real GDP fluctuates around its trend.

b) neither real GDP nor potential GDP fluctuate because they just grow smoothly along their trends.

c) only real GDP fluctuates around its trend and potential GDP remains equal to its trend.

D) potential GDP fluctuates around its trend.

E) only potential GDP fluctuates around its trend and real GDP remains equal to its trend.

Reference no: EM13898790

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