Which of the following could result in a recession?

A) a rise in the price of oil
B) an increase in investment
C) a tax cut
D) an increase in the quantity of money
E) an increase in government expenditures on goods and services

A

Economics

You might also like to view...

Can actual real GDP exceed potential GDP?

What will be an ideal response?

Economics

In the RBC model, an adverse supply shock causes the decrease in natural real GDP to be maximized when the labor supply curve is

A) relatively steep. B) relatively flat. C) vertical. D) horizontal.

Economics