Chapter 6. Comparing Recession

EIA Activity: Comparing Recession

[Online Document Assignment:]

EIA Activity: Comparing Recession

Click on the links on the right to answer the following questions.

  1. Question

    Use Link 1 to answer the following questions. True or False: In June 2009, the Industrial Production Index was higher than it was in November 2001.

    		A.
    		B.

  2. Question

    In November 2001, the Industrial Production Index was:

    		A.
    		B.
    		C.
    		D.

  3. Question

    In June 2009, the Industrial Production Index was:

    		A.
    		B.
    		C.
    		D.

  4. Question

    Use Link 2 to answer the following questions. True or False: Personal Consumption Expenditures as a percent of World Gross Domestic product (GDP) was lower in 2001 compared to the years 2007 through2009.

    		A.
    		B.

  5. Question

    In 2001, Personal Consumption Expenditures as a percent of U.S. GDP was equal to:

    		A.
    		B.
    		C.
    		D.

  6. Question

    In 2009, Personal Consumption Expenditures as a percent of U.S. GDP was equal to:

    		A.
    		B.
    		C.
    		D.

  7. Question

    Why does consumer spending typically fall during a recession? Explain.
    Your response will be graded by your instructor.
    Why does consumer spending typically fall during a recession? Explain.

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