Multiple Choice
During recessions investment
A) falls by a larger percentage than GDP.
B) falls by about the same percentage as GDP.
C) falls by a smaller percentage than GDP.
D) falls but the percentage change is sometimes much larger and sometimes much smaller.
Correct Answer:
Verified
Correct Answer:
Verified
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
Q26: Which part of real GDP fluctuates most
Q27: Below are pairs of GDP growth rates
Q28: When we say that economic fluctuations are
Q29: During recessions,income<br>A)and unemployment both rise.<br>B)rises and unemployment
Q30: Which of the following is correct?<br>A)Over the