MCQOPTIONS
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| 1. |
Which of the following statements about economic fluctuations is true ? |
| A. | None of these answers |
| B. | A depression is a mild recession |
| C. | A variety of spending income, and output measures can be used to measure economic fluctuation because most macroeconomic quantitties tend to fluctuate |
| D. | A recession is when output rises above the natural rate of output |
| Answer» D. A recession is when output rises above the natural rate of output | |