The growth in real investment spending O A. follows an erratic upward trend that is unrelated to the timing of recessions. B. declines significantly during recessions, and is subject to larger changes than is real consumption. O C. trends smoothly upwards and downwards at regular intervals. OD. follows a smooth, upward trend, interrupted only infrequently by brief recessions.

The growth in real investment spending O A. follows an erratic upward trend that is unrelated to the timing of recessions. B. declines significantly during recessions, and is subject to larger changes than is real consumption. O C. trends smoothly upwards and downwards at regular intervals. OD. follows a smooth, upward trend, interrupted only infrequently by brief recessions.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter9: Aggregate Expenditures

Section: Chapter Questions

Problem 4E

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