Business cycles result when
A. aggregate demand grows faster than potential GDP.
B. the labor force participation rate changes.
C. aggregate supply and aggregate demand change at an uneven pace.
D. real GDP equals potential GDP.
Answer:C
Business cycles result when
A. aggregate demand grows faster than potential GDP. B. the labor force participation rate changes. C. aggregate supply and aggregate demand change at an uneven pace. D. real GDP equals potential GDP.