quiz 4 - 1. Quiz #4_Q1 (Points: 10) In the last 40 years...

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1. Quiz #4_Q1 (Points: 10) In the last 40 years (prior to the current recession), the most severe recession in the US was between: a. 2000-2001 b. 1991-1992 c. 1973-1979 d. 1981-1982 Save Answer 2. Quiz #4_Q2 (Points: 10) The semi-official arbiter of when US recessions begin and end is: a. the National Bureau of Economic Research b. the US Treasury Department c. the Federal Reserve d. the National Press Club Save Answer 3. Quiz #4_Q3 (Points: 10) Which of the following variables typically moves in the opposite direction from real GDP? a. the inflation rate b. investment c. the unemployment rate d. consumption Save Answer 4. Quiz #4_Q4
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(Points: 10) All of the following statements are true, except : a. Recessions are sharper than expansions b. GDP was less volatile in the US, after 1980’s c. There is a co-movement among consumption, investment and GDP during recessions d. Recessions tend to last longer than expansions Save Answer 5. Quiz #4_Q5 (Points: 10) The difference between real GDP and the trend real GDP is the:
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This note was uploaded on 10/02/2010 for the course INTB 3353 taught by Professor Prodan during the Spring '10 term at University of Houston-Victoria.

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quiz 4 - 1. Quiz #4_Q1 (Points: 10) In the last 40 years...

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