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 . true or false: 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 1954? check all that apply. total real income increased. corporate profits increased. the unemployment rate declined. car sales declined.

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30-11-2022
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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 . true or false: 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 1954? check all that apply. total real income increased. corporate profits increased. the unemployment rate declined. car sales declined.

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baliyansmiriti baliyansmiriti · Answer 1 · 2022-12-03T10:14:50+01:00

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 true.

Small ups and downs in real GDP follow a consistent, predictable pattern False.

The U.S economy experienced increasing real GDP in 1954 is the unemployment rate increased. Consumer spending declined.

Notice that actual GDP tendencies upward through the years however reviews ups and downs withinside the brief run. These brief-run fluctuations in actual GDP are frequently noted as recessions.

These fluctuations are abnormal and in large part unpredictable. When recessions do occur, actual GDP and different measures of income, spending, and manufacturing fall, and unemployment rises. Economists examine brief-run monetary fluctuations the usage of the version of mixture call for and mixture supply.

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