Multiple Choice
Below are pairs of GDP growth rates and unemployment rates.Economists would be shocked to see most of these pairs in the U.S.Which pair of GDP growth rates and unemployment rates is realistic?
A) 5 percent,1 percent
B) 3 percent,5 percent
C) -1 percent,3 percent
D) -2 percent,4 percent
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Investment is a<br>A)small part of real GDP,so
Q3: Which of the following is most commonly
Q4: The best example of recessions being close
Q5: During recessions declines in investment account for
Q6: Which of the following typically rises during
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