Ask Question
6 November, 11:34

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

+3
Answers (1)
  1. 6 November, 14:56
    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?
Find 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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers