Author Question: ________ can trigger a recession. A) A decrease in autonomous expenditure B) An increase in ... (Read 105 times)

acc299 · **on:** Jun 29, 2018

________ can trigger a recession.

A) A decrease in autonomous expenditure
B) An increase in autonomous expenditure
C) An increase in induced expenditure
D) Equality between aggregate expenditure and real GDP
E) An increase in the expenditure multiplier

Question 2

In a fixed exchange rate system, a decrease in the exchange rate at which a currency is pegged is called a(n)

A) devaluation. B) revaluation. C) appreciation. D) depreciation.