[Answered] A(n) __________ occurs when there is a severe and persistent drop in economic activity. a. ...

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ericka1

Hero Member
Posts: 544

on: Jul 9, 2018

A(n) __________ occurs when there is a severe and persistent drop in economic activity.

a. depression
b. flat line cycle
c. inflationary cycle
d. recession

Question 2

When __________ occurs, the purchasing power of money declines.

a. monetarism
b. inflation
c. unemployment
d. deficit spending

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Marked as best answer by a Subject Expert

jordangronback

Sr. Member
Posts: 339

Reply #1 on: Jul 9, 2018

Answer to Question 1

a

Answer to Question 2

b

ericka1

Member
Posts: 544

Reply 2 on: Jul 9, 2018

TYSM

JCABRERA33

Member
Posts: 344

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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