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When the economy goes through ups and downs over time: Multiple Choice O it isnot reflected by changes in GDP growth. economiOne explanation for the growth in the U.S. economy over the last 100 years is: Multiple Choice C) a small, incremental increaWhen looking at real world data, we see that the convergence theory Multiple Choice Ο was proved false. Ο does not hold empir

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Answer #1

1):- D is right option

The economy goes through ups and downs over time

1. which are reflected by changes in GDP growth

2. and economists call this pattern the business cycle

3. which affect the demand for labor

3) :-c is right option

When looking at real world data, we see that

the convergence theory holds for some countries, but not others

The convergence theory states that poorer countries will grow faster than rich ones

Sorry for second one I tries hard button didn't not get it answer

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