.Meeting ID: 461 091 6854

P: 6393

Show B. O. O. B. S.

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Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.

Which of the following would classify as a general education requirement

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak