Multiple Choice
Recession come at
A) regular intervals.During recessions consumption spending falls relatively more than investment spending.
B) regular intervals.During recessions investment spending falls relatively more than consumption spending.
C) irregular intervals.During recessions consumption spending falls relatively more than investment spending.
D) irregular intervals.During recessions investment spending falls relatively more than consumption spending.
Correct Answer:
Verified
Correct Answer:
Verified
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
Q13: Historically,the change in real GDP during recessions
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
Q19: Which of the following fall during a