This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is incorrect? During the Great Recession U.S: a. Wealth fell. b. ... (Read 33 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
Which of the following is incorrect? During the Great Recession U.S:
 a. Wealth fell.
  b. Unemployment duration rose.
  c. Stock market rose.
  d. Inflation fell.
  e. All of the above are correct.

Question 2

If the price of inputs falls and the budget deficit rises due to an increase in government spending, then the:
 a. Price index rises, and real GDP rises.
  b. Price index rises, and real GDP falls.
  c. Price index rises, and the change in real GDP is uncertain.
  d. Price index falls, and real GDP rises.
  e. Price index is uncertain, and real GDP rises.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janeli

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

.C

Answer to Question 2

.E




asd123

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

For a complete list of videos, visit our video library