During recessions declines in investment account for about
A) 1/6 of the decline in real GDP.
B) 1/3 of the decline in real GDP.
C) 1/2 of the decline in real GDP.
D) 2/3 of the decline in real GDP.
Correct Answer:
Verified
Q1: A relatively mild period of falling incomes
Q2: During a recession the economy experiences
A)rising employment
Q2: When we say that economic fluctuations are
Q3: Which of the following is correct?
A)Over the
Q4: During recessions
A)workers are laid off.
B)factories are idle.
C)firms
Q4: Which of the following is most commonly
Q5: The investment component of GDP measures spending
Q5: Which of the following is correct?
A)Economic fluctuations
Q6: Which of the following explains why production
Q13: Which of the following is correct?
A) Real
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