2016年美国CPA练习题精选：Business 18

A recession can be caused by:

a. A decrease in aggregate demand.

b. An increase in aggregate demand.

c. Both "d" and "a".

d. A decrease in aggregate supply.

答案：C

Explanation

Choice "c" is correct. Both choices "d" and "a" can cause a recession. A recession is defined as a period of falling GDP and rising unemployment. GDP will fall if there is a decrease in aggregate demand or a decrease in aggregate supply.

Choice "b" is incorrect. An increase in aggregate demand will cause GDP to increase NOT decrease.

Choice "d" is incorrect, per the above explanation.

Choice "a" is incorrect, per the above explanation.