Economists use the phrase "business cycle" when referring to fluctuations in:
A. real GDP.
B. the chain price index.
C. the consumer price index.
D. the general level of prices.
Answer: A
Economics
You might also like to view...
You own two different energy drink brands with similar elasticities: "Blue Cow" and "600 minute energy.". If you reduce the price on "Blue Cow", you can only increase your total sales if
a. Prices for "600 minute energy" are increased b. Prices for "600 minute energy" are reduced c. Prices for "600 minute energy" stay constant d. None of the above
Economics
The rate of interest that you pay on a home loan depends upon all of the following EXCEPT
A) the supply of houses in the real estate market. B) the length of the loan. C) your credit rating. D) handling charges or loan fees.
Economics