Which of the following is most indicative of a recession?
a. a decline in unemployment
b. a rise in inflation
c. a decline in real GDP
d. an increase in the interest rate
C
Economics
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The growth accounting equation suggests that the growth rate of output is equal to the growth rate of ________
A) total factor productivity plus the contributions of both capital and labor B) total factor productivity minus the rate of depreciation C) capital and labor D) the overall population
Economics
Stock prices tend to ________ when the Federal Reserve raises interest rates because higher interest rates ________ dividends.
A. rise; reduce B. rise; increase C. fall; increase D. fall; reduce
Economics