Multiple Choice
Historical evidence for the U.S.economy indicates that
A) recessions have occurred roughly once every six years since the 1960s.
B) the unemployment rate usually decreases during a recession and increases shortly after the recession ends.
C) real GDP usually remains roughly constant during a recession and decreases shortly after the recession ends.
D) changes in real GDP over the business cycle are largely attributable to changes in investment over the business cycle.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: The best example of recessions being close
Q5: During recessions declines in investment account for
Q6: Which of the following typically rises during
Q7: Below are pairs of GDP growth rates
Q8: During the last half of 2012,the U.S.unemployment
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
Q14: Recession come at<br>A)regular intervals.During recessions consumption spending