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    Exam 12: Aggregate Expenditure and Output in the Short Run
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    The Recession of 2007-2009 Resulted in Falling Revenues and Large
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The Recession of 2007-2009 Resulted in Falling Revenues and Large

Question 196

Question 196

Multiple Choice

The recession of 2007-2009 resulted in falling revenues and large layoffs for a vast number of companies.By 2017,unemployment ________ and spending ________ in the economy.


A) fell; decreased
B) rose; increased
C) fell; increased
D) rose; decreased

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