Author Question: Real consumption tends to be A) procyclical and less variable than real GDP. B) procyclical and ... (Read 86 times)

renzo156

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Real consumption tends to be
 
  A) procyclical and less variable than real GDP.
  B) procyclical and more variable than real GDP.
  C) countercyclical and less variable than real GDP.
  D) countercyclical and more variable than real GDP.

Question 2

China's recent economic performance is most similar to the experience of ________.
 
  A) the United States in the 1890s
  B) Japan in the 1960s & 1970s
  C) Cuba in the 1990s
  D) the Soviet Union in the 1950s & 1960s



ApricotDream

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Answer to Question 1

A

Answer to Question 2

D



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