Business Cycles and Unemployment Flashcards
1
Q
Why does GDP fluctuate causing trade cycles
A
Mainly come from changes in private investment
Also come from C,I,G,NX and monetary policy shocks through interest rate changes
2
Q
A
Why does GDP fluctuate causing trade cycles
Mainly come from changes in private investment
Also come from C,I,G,NX and monetary policy shocks through interest rate changes