In a recession, compared to the percentage decline in GDP, what happens to investment spending?
A) Investment spending falls by a larger percentage than GDP.
B) Investment spending falls by about the same percentage as GDP.
C) Investment spending falls by a smaller percentage than GDP.
D) Investment spending falls, but the percentage change is sometimes much larger and sometimes much smaller.
Correct Answer:
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Q2: Which of the following variables or policies
Q3: On average over the past 130 years,
Q4: Which of the following expenditure items is
Q5: Most economists use the aggregate demand and
Q6: Which of the following does real GDP
Q7: Which of the following best describes the
Q9: How does the size of investment as
Q10: In 1982, Canada was in recession. Which
Q11: Below are pairs of GDP growth rates
Q16: How does real GDP change over time?
A)
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