The demand for durable goods
A) has decreased over time.
B) declines by a greater percentage than does GDP during a recession.
C) declines by a smaller percentage than does GDP during a recession.
D) rises by a greater percentage than does GDP during a recession.
Answer: B
Economics
You might also like to view...
In the United States in 1996, the population was 265.5 million and the working age population was 200.6 million. There were 133.9 million people in the labor force and 126.7 of them were employed. The unemployment rate equaled ________
A) 7.2 percent B) 5.4 percent C) 3.6 percent D) 33 percent
Economics
As of December 2008, the most important category in the CPI is
a. medical care b. education c. transportation d. food and beverages e. housing.
Economics