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Author Question: Which of the following is one reason for the decline in aggregate demand that led to the recession ... (Read 54 times)

saliriagwu

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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.


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yeungji

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


saliriagwu

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

T4T

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Reply 3 on: Yesterday
:D TYSM

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