Procyclical variables ________ during expansions and ________ during recessions

A) fall; fall B) rise; fall C) fall; rise D) rise; rise

B

Economics

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Potential GDP in the United States

A) declines over time. B) changes over a given business cycle. C) does not change over time. D) grows as the economy grows.

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What are natural experiments?

What will be an ideal response?

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