Multiple Choice
Which of the following rises during recessions?
A) layoffs and consumer spending
B) layoffs but not consumer spending
C) consumer spending but not layoffs
D) neither layoffs nor consumer spending
Correct Answer:
Verified
Correct Answer:
Verified
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
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
Q25: During recessions investment<br>A)falls by a larger percentage