Attempts Score I 3 43. Key facts about economic fluctuations The graph included below approximates United States business cycles between quarter one of 1953 and quarter three of 1957. The shaded region denotes periods of six or more consecutive months of declining real gross domestic product (real GDP). \fSource: "Current-dollar and Real GDP," Bureau of Economics Analysis, last modified May 1, 13, accessed May 15, 13, http://www.bea.govational/xls/gdplev.xls. Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in real GDP are often referred to as True or False: Small ups and downs in real GDP follow a consistent, predictable pattern. O True O FalseWhich of the following probably occurred as the U.S. economy experienced increasing real GDP in 1954? Check all thlaf apply. C] The unemployment rate declined. Cl Car sales declined. Cl Consumer spending declined. Cl Corporate profits increased