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Author Question: Fill in the blank: ________ is another term for a decline in real GDP is A) Deflation. B) ... (Read 81 times)

james0929

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on: Jun 29, 2018
Fill in the blank: ________ is another term for a decline in real GDP is
 
  A) Deflation.
  B) Inflation
  C) Economic growth
  D) Recession
  E) Unemployment

Question 2

Which aggregate measure is used to determine whether or not a country is experiencing a recession?
 
  A) Nominal GDP
  B) Nominal interest rate
  C) Real GDP
  D) Real interest rate
  E) Gross business inventory investment


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babybsemail

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

D

Answer to Question 2

C


james0929

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

helenmarkerine

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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