Which of the following would occur as part of the automatic adjustment process in an economy with a recessionary gap?
A)rising prices
B)increasing government purchases
C)decreasing investment
D)falling tax rates
E)decreasing wages

Name: Which of the following would occur as part of the automatic adjustment process in an economy with a recessionary gap? A)rising prices B)increasing government purchases C)decreasing investment D)falling tax rates E)decreasing wages
Brand: Quizplus
Rating: 4.8 (28 reviews)

Question

Quizplus · Accepted Answer

The Answer is E

Which of the Following Would Occur as Part of the Automatic