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


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