○○○ government ⪢⪢
A central government that collects taxes and spends money and a central bank which is different from other buyers and sellers because it controls the amount of money and credit
in the economy.
○○○ fluctuate ⪢⪢
Productivity matters mostly in the long run but credit
matters mostly in the short run. This is because productivity growth doesn't fluctuate much. So it's not a big driver of economic swings.
○○○ due ⪢⪢
As mentioned, swings around the line are not due to how much innovation or hard work there is. They're primarily due to how much credit