Question: A business cycle trough is a A ) small negative deviation from trend in real GDP . B ) relatively large positive deviation from trend
A business cycle trough is a
A small negative deviation from trend in real GDP
B relatively large positive deviation from trend in real GDP C relatively large negative deviation from trend in real GDP D small positive deviation from trend in real GDP
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
