Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
johnpaul92 johnpaul92
wrote...
Go to Answer
Posts: 2600
Rep: 9 0
8 years ago
Research on the effects of recessions on the real level of GDP shows that
A) recessions cause large, permanent reductions in the real level of GDP.
B) recessions cause both temporary and permanent declines in real GDP, but most of the decline is permanent.
C) recessions cause both temporary and permanent declines in real GDP, but most of the decline is temporary.
D) recessions cause only temporary reductions in real GDP, which are offset by growth during the expansion phase.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 204 times
3 Replies
Replies
Answer verified by a subject expert
supamansupaman
wrote...
#1
Top Poster
Posts: 2219
Rep: 49 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

johnpaul92 Author
wrote...
#2
8 years ago
This answers my question, thank you so much
wrote...
#3
8 years ago
Every little bit helps, right? Glad I solved your question
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1203 People Browsing
 125 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1010
  
 252
  
 476
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: Which country would you like to visit for its food?