During a recession the economy experiences
A) rising income and unemployment.
B) rising income and falling unemployment.
C) falling income and rising unemployment.
D) falling income and unemployment.
Correct Answer:
Verified
Q1: A relatively mild period of falling incomes
Q2: When we say that economic fluctuations are
Q4: The investment component of GDP measures spending
Q4: During recessions
A)workers are laid off.
B)factories are idle.
C)firms
Q5: Which of the following is correct?
A)Economic fluctuations
Q8: Which of the following is most commonly
Q10: During recessions
A)sales and profits fall.
B)sales and profits
Q14: During recessions which type of spending falls?
A)consumption
Q16: Real GDP
A)is the current dollar value of
Q20: Which of the following is correct?
A)Over the
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