Author Question: During the recession of 2007-2009 in the United States, ________ relative to potential GDP. A) ... (Read 189 times)

lilldybug07 · **on:** Jun 29, 2018

During the recession of 2007-2009 in the United States, ________ relative to potential GDP.

A) business fixed investment spending rose and net export spending declined
B) federal government purchases rose and changes in business inventories declined
C) consumption spending rose and residential construction spending declined
D) net export spending rose and consumption spending declined

Question 2

The advice to retrain would be most appropriate for which of the following types of unemployment?

A) structural unemployment B) core unemployment
C) frictional unemployment D) cyclical unemployment