Falling growth rates during the 2007-2009 recession occurred:
A) only in the high-tech sectors of the U.S. economy.
B) only in the United States.
C) in the United States, China, Germany, the United Kingdom, and Japan.
D) in the United States and China, but not in Germany, the United Kingdom, or Japan.
Correct Answer:
Verified
Q40: Recessions begin at _ and end at
Q41: Potential output is:
A)equal to actual output.
B)also known
Q42: When actual output is less than potential
Q43: The difference between the economy's potential output
Q44: Changes in the growth rate of potential
Q46: When there is a recessionary gap, capital
Q47: The increase in the unemployment rate during
Q48: If actual output equals potential output, unusually
Q49: Which of the following workers is most
Q50: Short-term economic fluctuations are _ in length
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