Multiple Choice
Which of the following likely occurs when households and firms become more pessimistic?
A) increased spending,increased aggregate demand,rising real GDP,and a rising unemployment rate
B) decreased spending,increased aggregate demand,rising real GDP,and a falling unemployment rate
C) decreased spending,decreased aggregate demand,falling real GDP,and a rising unemployment rate
D) decreased spending,decreased aggregate demand,falling real GDP,and a falling unemployment rate
Correct Answer:

Verified
Correct Answer:
Verified
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