Typically, as an economy begins to emerge from a recessionary ...

[deesands]

Typically, as an economy begins to emerge from a recessionary phase of the business cycle
 
  A) investment begins to fall. B) inflation begins to fall.
  C) unemployment falls immediately. D) unemployment continues to rise.

Question 2

Refer to Figure 23-1. According to the figure above, at what point is aggregate expenditure less than GDP?
 
  A) J B) K C) L D) none of the above

[patma1981]

Answer to Question 1

D

Answer to Question 2

C

[deesands]

TYSM

[mcarey591]

Excellent