Multiple Choice
Which of the following fall during a recession?
A) both retail sales and employment
B) retail sales but not employment
C) employment but not retail sales
D) neither employment nor retail sales
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Recession come at<br>A)regular intervals.During recessions consumption spending
Q15: During recessions<br>A)sales and profits fall.<br>B)sales and profits
Q16: Which of the following is correct?<br>A)Real GDP
Q17: In the last half of 1999,the U.S.unemployment
Q18: The investment component of GDP measures spending
Q20: Which of the following rises during recessions?<br>A)layoffs
Q21: Figure 33-1. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-1.
Q22: Figure 33-2. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-2.
Q23: Which of the following is correct?<br>A)Economic fluctuations
Q24: During recessions employment typically<br>A)falls substantially.As the recession