What happens to sales and profit during recessions?
A) sales and profits fall
B) sales and profits rise
C) sales rise and profits fall
D) profits fall and sales rise
Correct Answer:
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Q5: Most economists use the aggregate demand and
Q6: What typically rises during a recession?
A) the
Q7: Below are pairs of GDP growth rates
Q8: During Canada's three last recessions, investment spending
Q9: How does the size of investment as
Q11: Which part of real GDP fluctuate most
Q12: According to the classical view in economics,
Q13: Which statement characterizes business cycles?
A) They are
Q14: Which statement best describes the beginning of
Q15: What does the economy experience during a
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