Multiple Choice
Historically,the change in real GDP during recessions has been
A) mostly a change in investment spending.
B) mostly a change in consumption spending.
C) about equally divided between consumption and investment spending.
D) sometimes mostly a change in consumption and sometimes mostly a change in investment.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: During the last half of 2012,the U.S.unemployment
Q9: Historical evidence for the U.S.economy indicates that<br>A)recessions
Q10: Historically,as recessions have ended the unemployment rate
Q11: In 2008,the United States was in recession.Which
Q12: During recessions which type of spending falls?<br>A)consumption
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