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Investment spending ________ during a recession and ________ during an expansion. a. declines; increases b. declines; declines c. increases; declines d. increases; increases

Question

Investment spending ________ during a recession and ________ during an expansion.

a. declines; increases

b. declines; declines

c. increases; declines

d. increases; increases

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Solution

The correct answer is:

a. declines; increases

Here's why:

Investment spending refers to the amount of money spent by businesses on capital goods like machinery, buildings, and technology. During a recession, businesses are less likely to invest in new capital goods because of the uncertain economic environment and the potential for lower returns on investment. Therefore, investment spending typically declines during a recession.

On the other hand, during an economic expansion, businesses are more likely to invest in new capital goods because the economic environment is more stable and the potential for higher returns on investment is greater. Therefore, investment spending typically increases during an expansion.

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