Author Question: Which of the following is incorrect? During the Great Recession U.S: a. Wealth fell. b. ... (Read 54 times)

asd123 · **on:** Jun 30, 2018

Which of the following is incorrect? During the Great Recession U.S:
a. Wealth fell.
b. Unemployment duration rose.
c. Stock market rose.
d. Inflation fell.
e. All of the above are correct.

Question 2

If the price of inputs falls and the budget deficit rises due to an increase in government spending, then the:
a. Price index rises, and real GDP rises.
b. Price index rises, and real GDP falls.
c. Price index rises, and the change in real GDP is uncertain.
d. Price index falls, and real GDP rises.
e. Price index is uncertain, and real GDP rises.