76.9k views
1 vote
Business fluctuations are systematic increases and decreases in real GDP. Please select the best answer from the choices provided. State True or False

User Sabik
by
6.7k points

2 Answers

5 votes

False, the answer to the question is False

User Ishan Kumar
by
7.9k points
4 votes
From the subject of economics, specifically macroeconomics, it says that the statement above is false. Business cycles, not business fluctuations, are systematic increases and decreases in real GDP. Business fluctuations are called unsystematic changes.
User Eleven
by
6.8k points