Chapter 33 MC Sections 1-4 — Aggregate Demand and ...
TOP: Investment and the business cycle MSC: Definitional. 17. Which part of real GDP fluctuates most over the course of the business cycle? a. consumption expenditures. b. government expenditures. c. investment expenditures. d. net exports. ANS: C PTS: 1 DIF: 1 REF: 33-1. TOP: Investment and the business cycle MSC: Definitional. 18. During recessions declines in investment account for about. a ... ................
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