GDP Is a Good Proxy for the Business Cycle Itself

question 23

Multiple Choice

GDP is a good proxy for the business cycle itself since ________.

• A)its real consumption spending component is procyclical and coincident
• B)its real investment spending component is procyclical and coincident
• C)it typically goes up in a boom and down in a recession
• D)all of the above
• E)none of the above

---

Definitions:

Intimate Relationships

Deeply personal and close connections between individuals, characterized by affection, love, trust, and mutual respect.

Neuroticism

A characteristic of personality marked by feelings of worry, fearfulness, mood swings, envy, frustration, jealousy, and a sense of isolation.

Intimate, Nurturing Friendships

Deep and supportive relationships characterized by emotional closeness, trust, and mutual care that contribute positively to personal development.

Share Information

The act of distributing or exchanging data, knowledge, or insights among persons or entities.