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Author Question: An expansion ends when the economy A) hits a trough and then enters a recession. B) hits a peak ... (Read 213 times)

melina_rosy

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on: Jun 29, 2018
An expansion ends when the economy
 
  A) hits a trough and then enters a recession.
  B) hits a peak and then enters a recession.
  C) begins to grow following a peak.
  D) has grown for two quarters in a row.

Question 2

A higher savings rate that leads to an increase in the capital stock
 
  A) leads to higher interest rates.
  B) leads to increases in labor productivity.
  C) immediately decreases investment.
  D) is associated with a decrease in the rate of growth of the population.


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chjcharjto14

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


melina_rosy

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Reply #2 on: Jun 29, 2018
Correct answers!


chjcharjto14

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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