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Author Question: As a general rule, a recession occurs when there is a six consecutive month fall in: a. nominal ... (Read 72 times)

bcretired

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on: Jun 30, 2018
As a general rule, a recession occurs when there is a six consecutive month fall in:
 a. nominal GDP.
  b. real GDP.
  c. the price level.
  d. the trade balance.

Question 2

An increase in regulation will shift the aggregate:
 a. demand curve leftward.
  b. supply curve rightward.
  c. supply curve leftward.
  d. demand curve rightward.


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CAPTAINAMERICA

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


bcretired

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  • Posts: 525
Reply 2 on: Jun 30, 2018
Wow, this really help

cam1229

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

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