menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essential Foundations of Economics Study Set 1
  4. Exam
    Exam 14: Gdp: a Measure of Total Production and Income
  5. Question
    Which of the Following Describe the United States Economy in 2008
Solved

Which of the Following Describe the United States Economy in 2008

Question 203

Question 203

Multiple Choice

Which of the following describe the United States economy in 2008 and and the start of 2009?


A) The economy was in an expansion.
B) The economy was in a recession.
C) Real GDP per person increased.
D) Real GDP reached a peak.
E) None of the above answers is correct.

Correct Answer:

verifed

Verified

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

Related Questions

Q198: In comparing the magnitudes of the components

Q199: Gross Domestic Product equals<br>A)Y = C +

Q200: Which of the following is included in

Q201: A south sea island produces only coconuts.In

Q202: Everything else the same,if government expenditure increases

Q204: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -Based on the

Q205: The nation's supply of productive resources increases

Q206: Expenditures in GDP do not include<br>A)used goods

Q207: In recent years,which of the following has

Q208: In the circular flow,how are the "value

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines