Social Studies, 06.10.2019 10:30, lissa34

Over the business cycle, a. only real gdp fluctuates around its trend and potential gdp remains equal to its trend. b. real gdp fluctuates around its trend. c. only potential gdp fluctuates around its trend and real gdp remains equal to its trend. d. neither real gdp nor potential gdp fluctuates because they just grow smoothly along their trends. e. potential gdp fluctuates around its trend.

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Over the business cycle, a. only real gdp fluctuates around its trend and potential gdp remains equa...