This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is one reason for the decline in aggregate demand that led to the recession ... (Read 56 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


saliriagwu

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

The Real Reason Why They Repeat the Same 20 Songs on the Radio & TV Nationwide The Real Reason Why They Repeat the Same 20 Songs on the Radio & TV Nationwide
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ... Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ...
The reason I selected this photo is to illustrate how seriously we must take all preaching of hatred ... The reason I selected this photo is to illustrate how seriously we must take all preaching of hatred ...
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
The original Supply and Demand graph The original Supply and Demand graph
Video: Major Elements in Biological Molecules: Lipids

For a complete list of videos, visit our video library