Multiple Choice
The investment component of GDP measures spending on
A) financial assets such as stocks and bonds.During recessions it declines by a relatively large amount.
B) residential construction,business equipment,business structures,and changes in inventory.During recessions it declines by a relatively large amount.
C) financial assets such as stocks and bonds.During recessions it declines by a relatively small amount.
D) residential construction,business equipment,business structures,and changes in inventory.During recessions it declines by a relatively small amount.
Correct Answer:
Verified
Correct Answer:
Verified
Q13: Historically,the change in real GDP during recessions
Q14: Recession come at<br>A)regular intervals.During recessions consumption spending
Q15: During recessions<br>A)sales and profits fall.<br>B)sales and profits
Q16: Which of the following is correct?<br>A)Real GDP
Q17: In the last half of 1999,the U.S.unemployment
Q19: Which of the following fall during a
Q20: Which of the following rises during recessions?<br>A)layoffs
Q21: Figure 33-1. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-1.
Q22: Figure 33-2. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-2.
Q23: Which of the following is correct?<br>A)Economic fluctuations