Author Question: Which of the following is one reason for the decline in aggregate demand that led to the recession ... (Read 101 times)

saliriagwu · **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.