Which of the following could potentially cause a recession?O AD increases, and wages are sticky.O AD increases, and wages are flexible.O AD falls, and wages are flexible.AD decreases, and wages are sticky.

Recession is a period when real GDP is decreasing.

Which of the following could potentially cause a recession? O AD increases, and wages are sticky. AD increases, and wages are flexible. O AD falls, and wages are flexible. O AD decreases, and wages are sticky.

Which of the following could potentially cause a recession? O AD increases, and wages are sticky. AD increases, and wages are flexible. O AD falls, and wages are flexible. O AD decreases, and wages are sticky.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Which of the following could potentially cause a recession?
O AD increases, and wages are sticky.
O AD increases, and wages are flexible.
O AD falls, and wages are flexible.
AD decreases, and wages are sticky.

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