This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is observed in an economy during the contraction phase of the business cycle? ... (Read 56 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
Which of the following is observed in an economy during the contraction phase of the business cycle?
 a. Nominal GDP begins to rise
  b. Real GDP remains constant
  c. Real GDP falls
  d. Productivity of resources increase
  e. Unemployment falls

Question 2

Which of the following signals the start of a new expansion?
 a. A boom period
  b. A peak
  c. An inflation
  d. A contraction
  e. A trough


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bubulittle310@msn.cn

  • Sr. Member
  • ****
  • Posts: 281
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Bacteriophage T2- Reproduction Cycle Bacteriophage T2- Reproduction Cycle
Life cycle of Ascaris: Adult worms (1) live in the lumen of the small intestine. A female may ... Life cycle of Ascaris: Adult worms (1) live in the lumen of the small intestine. A female may ...
Cori Cycle Cori Cycle
Stages of Sleep in Cats: During the REM phase , its muscles go limp and it flops onto its side Stages of Sleep in Cats: During the REM phase , its muscles go limp and it flops onto its side
The Hydrologic Cycle The Hydrologic Cycle
Business Math Business Math
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library