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Author Question: The business cycle is the A) regular growth rate of the real GDP. B) regular fluctuations of ... (Read 27 times)

lindiwe

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  • Posts: 577
on: Jun 29, 2018
The business cycle is the
 
  A) regular growth rate of the real GDP.
  B) regular fluctuations of real GDP below potential GDP.
  C) irregular fluctuations of prices around real GDP.
  D) irregular fluctuations of real GDP around potential GDP.

Question 2

The opportunity cost of a good is the same as its
 
  A) money price.
  B) relative price.
  C) price index.
  D) none of the above.


b614102004

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  • Posts: 320
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


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