Author Question: Recessions are commonly defined to occur A) whenever unemployment increases. B) when growth in ... (Read 145 times)

mp14 · **on:** Jun 29, 2018

Recessions are commonly defined to occur

A) whenever unemployment increases.
B) when growth in real GDP decreases for two consecutive quarters.
C) when growth in real GDP is negative for two consecutive quarters.
D) when the unemployment rate exceeds 6 percent.

Question 2

The supply of dollars in the foreign exchange market decreases and that means that the supply curve of dollars shifts leftward if

A) the U.S. interest rate differential decreases.
B) the expected future exchange rate rises.
C) the exchange rate for the dollar rises.
D) the U.S. interest rate decreases.