Economics

posted by .

22. An economy that experiences decreasing real GDP and increasing prices is said to suffer from?
A. recession
B. depression
C. a business cycle
D. stagflation

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    The task of my assignment was to calculate the Nominal GDP, given the GDP deflator and the Real GDP. This is what I got. GDP Deflator Real GDP Nominal GDP 0.9 600 540 1.0 600 600 1.1 600 660 The second part of the question asks what …
  2. business

    if the economy in the US is currently at the trough of a business cycle then whats the relationship between real GDP and potential GDP?
  3. Business / Economics

    If I was the manager of a theme park and the economy is declining and attendance is decreasing, should I lower the prices of tickets or keep them the same?
  4. Economics

    The answer i got is : GDP grew 10% GDP for 2006 using 2005 as the base year increase by 20% real GDP grow?
  5. Economics

    Help The answer i got is : GDP grew 10% GDP for 2006 using 2005 as the base year increase by 20% real GDP grow?
  6. Economy

    I am studying for a business test. We are supposed to learn the business/economic cycle, but it is not printed in my book. I know three of the steps are prosperity, recession and depression, but I know I am missing at least one or …
  7. Economics

    How does the local, state, or national economy affect your business or place of work?
  8. economics

    Question 1. An accurate statement about the Great Depression would be that?
  9. Economics

    If the government announced the economy is headed into an expansionary period of rising real GDP and prices, businesses would most likely respond by: a. lowering wages so that they could afford to hire more workers b. dismantling some …
  10. Macroeconomics

    Where are we in the business cycle? What is the real GDP today?

More Similar Questions