During recessions investment a. falls by a larger percentage than GDP.b. falls by about the same percentage as GDP.c. falls by a smaller percentage than GDP.d. falls but the percentage change is sometimes much larger and sometimes much smaller.

During recessions investment a. falls by a larger percentage than GDP.b. falls by about the same percentage as GDP.c. falls by a smaller percentage than GDP.d. falls but the percentage change is sometimes much larger and sometimes much smaller.

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section: Chapter Questions

Problem 3WNG

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Question

During recessions investment
a. falls by a larger percentage than GDP.
b. falls by about the same percentage as GDP.
c. falls by a smaller percentage than GDP.
d. falls but the percentage change is sometimes much larger and sometimes much smaller.

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