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Home Q & A Board Other Fields Homework Help Business Economics
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NYC NYC
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8 years ago
Which of the following statements is not true?
A) The costs of recessions are not distributed equally among all groups of the population.
B) Recessions may increase efficiency by driving the least efficient firms in the economy out of business.
C) Recessions tend to increase the demand for imports and therefore improve the nation's balance of payments.
D) all of the above
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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