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1) Which of the following is most commonly used to monitor short-run changes in economic activity? the inflation rate

Economics

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1) Which of the following is most commonly used to monitor short-run changes in economic activity?

the inflation rate.

value of the U.S. dollar in the foreign exchange market.

interest rates.

real GDP.

2) Which of the following is correct?

Group of answer choices

When real GDP falls, the rate of unemployment rises.

Recessions come at irregular intervals and are easy to predict.

Short run fluctuations in economic activity happen only in developing countries.

During economic contractions most firms experience rising profits.