When a recession ends,

A) the household sector decreases spending substantially.
B) interest rates decrease.
C) households decrease spending on durable goods.
D) firms increase the amount of borrowing.

D

Economics

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When expectations are rational,

a. a foreseen expansionary policy action does not alter output. b. there cannot be any inflation. c. a foreseen expansionary policy action changes output. d. there is zero unemployment.

Economics

If a commercial bank has assets valued at $200 million and a net worth of $20 million, what is the value of the bank's liabilities?

a. There is not enough information to determine. b. $20 million c. $220 million d. $180 million e. $200 million

Economics