In the short run what is a pattern of GDP growth?
IN the short run the GDP follows the business cycle i.e. it increases which we call expanding the economy will experience an inflation at this point and after reaching a point called peak it declines, this is a recession here the unemployment is high and wages will fall with peoples income. Then again after a point or reaching at the bottom it will start increasing. This process is called a business cycle and the GDP will follow that.
So, in the short run the GDp fluctuates.
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