3312EconomicsMedium
Which of the following statements about economic fluctuations is true?
AA depression is a mild recession
BA recession is when output rises above the natural rate of output
CA variety of spending income, and output measures can be used to measure economic fluctuation because most macroeconomic quantitties tend to fluctuate together
DNone of these answers
Correct answer
C. A variety of spending income, and output measures can be used to measure economic fluctuation because most macroeconomic quantitties tend to fluctuate together
Explanation
The correct answer is A variety of spending income, and output measures can be used to measure economic fluctuation because most macroeconomic quantitties tend to fluctuate together.