Which of the Following Is a Definition of Economic Fluctuations

question 191

Multiple Choice

Which of the following is a definition of economic fluctuations?

• A) Movements in prices around their long-run trend
• B) Shifts in the long-run trend of output
• C) Movements of the real wage over the long run
• D) Shifts in the long-run trend of prices
• E) Movements in output around its long-run trend

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Definitions:

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