1) During recessions which type of spending falls?   a

Subject:EconomicsPrice:3.87 Bought7

Share With

1) During recessions which type of spending falls?

	a.	consumption and investment
	b.	investment but not consumption
	c.	consumption but not investment
	d.	neither consumption nor investment

2) Which of the following shifts aggregate demand to the right?

	a.	Congress reduces purchases of new weapons systems.
	b.	The Fed buys bonds in the open market.
	c.	The price level falls.
	d.	Net exports fall.

3) Aggregate demand shifts right when the government

	a.	raises personal income taxes.
	b.	increases the money supply.
	c.	repeals an investment tax credit.
	d.	All of the above are correct.