(Figure: Imports and Exports) During the 2008 to 2009 financial crisis, imports as a share of GDP fell in the United States. Which of the following could explain this phenomenon?
A) The percentage decrease in imports was greater than the percentage decrease in GDP.
B) The percentage decrease in imports was less than the percentage decrease in GDP.
C) The percentage increase in imports was greater than the percentage decrease in GDP.
D) The percentage increase in imports was less than the percentage decrease in GDP.
Correct Answer:
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Q24: Which of the following is LEAST likely
Q25: Which of the following is MOST likely
Q26: Which of the following is LEAST likely
Q27: (Figure: Imports and Exports) From 1930 to
Q29: (Figure: Imports and Exports) During the 2008
Q30: Which of the following is NOT a
Q31: Which of the following is NOT a
Q32: Which of the following is a source
Q33: Which of the following is a source
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