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True or false: small ups and downs in real gdp follow a consistent, predictable pattern.

Annie Barnes

in Business

1 answer

1 answer

Curtis Rhodes on September 12, 2018

It is false that the small ups and downs in real GDP follow a consistent predictable pattern.It is not a constant, predictable pattern when it comes to the GDP - it is possible that fluctuate all the time, and the ups and downs do not contribute to the pattern in any way possible. This statement is false as the fluctuations cannot be predicted.

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