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Economics Mcqs
Q
Which of the following statements about economic fluctuations is true ?
AA. None of these answers
BB. A depression is a mild recession
CC. A variety of spending income, and output measures can be used to measure economic fluctuation because most macroeconomic quantitties tend to fluctuate together
DD. A recession is when output rises above the natural rate of output
Correct Answer:
C. C. A variety of spending income, and output measures can be used to measure economic fluctuation because most macroeconomic quantitties tend to fluctuate together
