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

Author Question: Which of the following is observed in an economy during the contraction phase of the business cycle? ... (Read 55 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
Which of the following is observed in an economy during the contraction phase of the business cycle?
 a. Nominal GDP begins to rise
  b. Real GDP remains constant
  c. Real GDP falls
  d. Productivity of resources increase
  e. Unemployment falls

Question 2

Which of the following signals the start of a new expansion?
 a. A boom period
  b. A peak
  c. An inflation
  d. A contraction
  e. A trough


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bubulittle310@msn.cn

  • Sr. Member
  • ****
  • Posts: 281
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Zygotic life cycle, illustrated by the unicellular flagellate genus Chlamydomonas Zygotic life cycle, illustrated by the unicellular flagellate genus Chlamydomonas
Norepinephrine and the Sleep–Waking Cycle Norepinephrine and the Sleep–Waking Cycle
Masters and Johnson’s Four-Phase Model of the Sexual Response Cycle Masters and Johnson’s Four-Phase Model of the Sexual Response Cycle
Migration and Global Economy Migration and Global Economy
Solid-phase synthesis of oligonucleotides by the phosphoramidite method Solid-phase synthesis of oligonucleotides by the phosphoramidite method
The cardiac cycle The cardiac cycle
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library