Which of the following expenditure items is responsible for the decrease in real GDP during a recession?
A) mostly investment spending
B) mostly consumption spending
C) mostly government spending
D) mostly exports
Correct Answer:
Verified
Q3: On average over the past 130 years,
Q5: Most economists use the aggregate demand and
Q6: Which of the following does real GDP
Q7: Which of the following best describes the
Q10: What happens to sales and profit during
Q13: Which of the following terms refers to
Q15: Which of the following does the economy
Q16: How does real GDP change over time?
A)
Q17: Which of the following happens during recessions?
A)Firms
Q18: Which of the following typically rises during
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents