inflation D Question 23 4 PLS As a result of OPEC oil prices in 1973 and 1980, real GDP in United States increasing, increased increasing, did not change decreasing, decreased decreasing, increased increasing, decreased D Question 24 B pts An increase in investment aggregate demand, the aggregate demand curve shifts and the economy is in the phase of the business cycle. increases; leftward; recession decreases; rightward; expansion increases; rightward; expansion decreases; leftward; recession O increases; rightward; recession 10 29 20 a Pill F3 FA A & W# A 5 6 8 E R T Y U Pinflation O an expansion. O a depression. Question 22 4 pts Reasons that the recession of 2008-2009 did not become a depression include: i. The Fed bailed out troubled financial institutions. ii. The government aggressively balanced its budget. iii. The government increased its expenditures, which increased aggregate demand. O i and iii O iii only O i and ii O ii only O i only D Question 23 4 pts 29 zoom MacBook Air Q O DII DD F6 F7 F8 F9 F 10 F3 F4 F5 $ % &