Author Question: The business cycle is the A) regular growth rate of the real GDP. B) regular fluctuations of ... (Read 87 times)

lindiwe

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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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Answer to Question 1

D

Answer to Question 2

B



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