In which of the following situations is the percentage change in real GDP always positive?
A) Depression.
B) Inflation.
C) Recession.
D) Growth recession.
Correct Answer:
Verified
Q17: According to classical economists,market-driven economies
A)Are typically self-adjusting.
B)Are
Q18: The inflation-adjusted value of all goods and
Q19: Based upon a Keynesian viewpoint,to stimulate the
Q20: Real GDP is better than nominal GDP
Q21: In the absence of external shocks or
Q23: Changes in real GDP are best used
Q24: A decline in total real output for
Q25: Internal market forces include
A)Wars,natural disasters,and trade disruptions.
B)Tax
Q26: Which of the following caused a recession
Q27: Which of the following is generally considered
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