Multiple Choice
In 2008,the United States was in recession.Which of the following things would you not expect to have happened?
A) increased layoffs and firings.
B) a higher rate of bankruptcy.
C) increased claims for unemployment insurance.
D) increased real GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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
Q9: Historical evidence for the U.S.economy indicates that<br>A)recessions
Q10: Historically,as recessions have ended the unemployment rate
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
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