Solved

The Resulting Economic Contractions and Recessions in Many Countries During

Question 56

Multiple Choice

The resulting economic contractions and recessions in many countries during 2008 and 2009 following the global financial crisis affected the sales of personal computer manufacturers such as Dell, whose fiscal first-quarter profit fell 63% in 2009. Decreases in consumer purchases of computers would be counted as a decline in ________, and decreases in business purchases of computers would be counted as a decline in ________.


A) consumption spending; planned investment spending
B) consumer wealth; unplanned investment spending
C) the consumption function; unplanned inventories
D) planned investment spending; unplanned investment spending

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions