This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is one reason for the decline in aggregate demand that led to the recession ... (Read 93 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
Which of the following is one reason for the decline in aggregate demand that led to the recession of 2007-2009?
 
  A) falling oil prices B) increases in housing prices
  C) a decline in government spending D) the financial crisis

Question 2

If an increase in investment spending of 20 million results in a 200 million increase in equilibrium real GDP, then
 
  A) the multiplier is 0.1. B) the multiplier is 1.
  C) the multiplier is 10. D) the multiplier is 100.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


saliriagwu

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
Excellent

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
The Titanic carried only twenty lifeboats, a reason why so many perished in 1912. The Lusitania (abo The Titanic carried only twenty lifeboats, a reason why so many perished in 1912. The Lusitania (abo
Classic Supply - Demand Curve Classic Supply - Demand Curve
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Flexor reflex & Crossed extensor reflex

For a complete list of videos, visit our video library