Ask Question
31 October, 15:00

Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in real GDP are often referred to as

+5
Answers (1)
  1. 31 October, 17:41
    0
    The gross domestic product experience fluctuations. The short runs are called minor business cycles. When this happens, there is only a short term decline and did not made a big impact that would cause continuous fall or sustained drop rate of the market.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in real GDP are ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers