During a recession:
a. Net exports tend to rise.
b. Consumption tends to rise.
c. Net exports remain unchanged.
d. Businesses tend to invest more in new plant and equipment.
e. Inventories tend to fall as businesses sell them off.
.A
Economics
You might also like to view...
A protectionist policy restricts free trade.
a. true b. false
Economics
Economic surplus
A) is equal to the difference between consumer surplus and producer surplus. B) is equal to the sum of consumer surplus and producer surplus. C) does not exist when a competitive market is in equilibrium. D) is the difference between quantity demanded and quantity supplied when the market price for a product is greater than the equilibrium price.
Economics