Which of the following is correct concerning recessions?
A) They come at fairly regular and predictable intervals.
B) They are associated with comparatively large increases in investment spending.
C) They are any period when real GDP growth is less than average.
D) They tend to be associated with rising unemployment rates.
Correct Answer:
Verified
Q6: Figure 33-1. Q13: Figure 33-2. Q22: Below are pairs of GDP growth rates Q24: Many macroeconomic variables Q25: Real GDP Q30: Below are pairs of GDP growth rates Q31: Historically,as recessions have ended the unemployment rate Q32: Which of the following rises during recessions? Q33: Historical evidence for the U.S.economy indicates that Q561: Most economists use the aggregate demand and
A)fluctuate together and by different
A)moves in the opposite direction as
A)layoffs
A)recessions
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