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Home Q & A Board Other Fields Homework Help Business Economics
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Rachel0313 Rachel0313
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8 years ago
Reasons that the recession of 2008-2009 did not become a depression include:
i. The Fed bailed out troubled financial institutions.
ii. The government aggressively balanced its budget.
iii. The government increased its expenditures, which increased aggregate demand.
answer choices:
i only
ii only
iii only
i and ii
i and iii

When cost-push inflation starts, real GDP ________ and the unemployment rate ________.
answer choices:      
increases; falls
decreases; falls
does not change; does not change
does not change; falls
decreases; rises
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#1
8 years ago
Too much money spent on foreign policy
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