MCQ 1-Which of the following is correct?a-Recessions come at regular

MCQ

1-Which of the following is correct?

a-Recessions come at regular

intervals and are easy to predict

b-During economic contractions most firms experience rising sales

c-Shot run fluctuations in economic activity happen only in developing countries

b-When real GDP falls, the rate of unemployment rises.

2-Most economists use the aggregate demand and aggregate supply model primarily to analyze

a-productivity and economic growth

b-short-run fluctuations in the economy

c-the effects of macroeconomic policy on the prices of individual goods

d-the long -run effects of international trade policies