In the United States,spending on residential construction
A) rose slowly in the period just before the recession of 2007-2009,declined slowly during the recession,and recovered slowly thereafter.
B) rose rapidly in the period just before the recession of 2007-2009,declined dramatically during the recession,and recovered rapidly thereafter.
C) rose rapidly in the period just before the recession of 2007-2009,declined dramatically during the recession,and continued to decline slowly thereafter.
D) rose rapidly in the period just before the recession of 2007-2009,declined dramatically during the recession,and recovered only slowly thereafter.
Correct Answer:
Verified
Q86: National income =
A)Consumption + Saving - Taxes
B)Consumption
Q87: Table 12-3 Q88: Consumer spending _ and investment spending _. Q89: Investment spending _ during a recession,and _ Q90: If disposable income falls by $50 billion Q92: If the marginal propensity to save is Q93: If the marginal propensity to consume is Q94: If national income increases by $20 million Q95: Which of the following will raise consumer Q96: The marginal propensity to save is defined
A)is
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