Real Consumption Tends to Be

question 42

Multiple Choice

Real consumption tends to be

• A) procyclical and less variable than real GDP.
• B) procyclical and more variable than real GDP.
• C) countercyclical and less variable than real GDP.
• D) countercyclical and more variable than real GDP.
• E) acyclical with real GDP.

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Definitions:

Executive Branch

The division of a government responsible for implementing and enforcing laws, typically led by the President or Prime Minister.

Two-Thirds

A fraction representing the division of something into three equal parts, with two of those parts being the focus.

Ordinances

Local laws or regulations enacted by municipalities or other local governing bodies.

Legislative Laws

Statutes and regulations enacted by a legislature or other governing body to prescribe conduct, establish duties, and regulate society.