Multiple Choice
During the Great Depression,real GDP fell.Which of real consumption and real investment also fell?
A) Both real consumption and real investment
B) Real consumption only
C) Real investment only
D) Neither real consumption nor real investment
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q8: The _ in a country's GDP during
Q9: Explain the term "labor hoarding."
Q10: When an economy experiences an expansion and
Q11: Another common term for a recession is
Q12: The major recession that occurred sometime between
Q14: Which of the following will happen if
Q15: In percentage terms,which decreased the most due
Q16: How did the decline in construction in
Q17: The "non-residential construction industry" refers to the
Q18: The _ theory emphasizes that changing expectations