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25 March, 15:33

True or false: small ups and downs in real gdp follow a consistent, predictable pattern.

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  1. 25 March, 15:45
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    It is false that small ups and downs in real GDP follow a consistent, predictable pattern.

    There is no constant, predictable pattern when it comes to GDP - it may fluctuate all the time, and ups and downs do not contribute to the pattern in any way possible. So this statement is false as the fluctuations can never be predicted.
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