During the 20072009 recession Multiple Choice real GO and re

During the 2007-2009 recession, Multiple Choice real GO and real GDP fell by roughly the same amount real GDP fell by roughly twice the amount that real GO fel. real GDP fell, while real GO remained unchanged. real GO fell by roughly twice the amount that real GDP fell.

Solution

Option 4

During 2007 and 2009, there was noticeable stress in financial markets, high unemployment rates and slow real GDP growth.