Which of the following accounts for about two-thirds of the decline in output during a recession?
A) the decline in government purchases.
B) the decline in total consumption spending.
C) the decline in investment spending.
D) the decline in net exports.
Correct Answer:
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Q6: Figure 33-1. Q12: Which of the following typically rises during Q15: Recession come at Q19: Which part of real GDP fluctuates most Q22: Below are pairs of GDP growth rates Q23: During recessions employment typically Q26: During the last half of 2012,the U.S.unemployment Q28: As recessions begin, income Q28: In the last half of 1999,the U.S.unemployment Q32: Which of the following rises during recessions?
A)regular intervals.During recessions consumption spending
A)falls substantially.As the recession
A) and unemployment both
A)layoffs
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