Recessions are commonly defined to occur A) whenever ...

[mp14]

Recessions are commonly defined to occur
 
  A) whenever unemployment increases.
  B) when growth in real GDP decreases for two consecutive quarters.
  C) when growth in real GDP is negative for two consecutive quarters.
  D) when the unemployment rate exceeds 6 percent.

Question 2

The supply of dollars in the foreign exchange market decreases and that means that the supply curve of dollars shifts leftward if
 
  A) the U.S. interest rate differential decreases.
  B) the expected future exchange rate rises.
  C) the exchange rate for the dollar rises.
  D) the U.S. interest rate decreases.

[amynguyen1221]

Answer to Question 1

C

Answer to Question 2

B

[mp14]

YES! Correct, THANKS for helping me on my review

[aruss1303]

Thanks for the timely response, appreciate it