An expansion ends when the economy A) hits a trough and then ...

[melina_rosy]

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.

[chjcharjto14]

Answer to Question 1

B

Answer to Question 2

B

[melina_rosy]

Correct answers!

[chjcharjto14]

Great! Please up vote