Historically,the change in real GDP during recessions has been
A)mostly a change in investment spending.
B)mostly a change in consumption spending.
C)about equally divided between consumption and investment spending.
D)sometimes mostly a change in consumption and sometimes mostly a change in investment.

Question

Quizplus · Accepted Answer

Historically, recessions are characterized by significant declines in investment spending, which tends to be more volatile than consumption spending.

Historically,the Change in Real GDP During Recessions Has Been