
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 42
Circle the letter that corresponds to the best answer. Which statement is false?
A) President Eisenhower presided over three recessions.
B) Our economy has not had an unemployment rate below 5 percent since the early 1940s.
C) There were six straight years of economic expansion under President Reagan.
D) None of the above. (All of the above are true.)
A) President Eisenhower presided over three recessions.
B) Our economy has not had an unemployment rate below 5 percent since the early 1940s.
C) There were six straight years of economic expansion under President Reagan.
D) None of the above. (All of the above are true.)
Explanation
(A) The first statement given is TRUE as...
Macroeconomics 11th Edition by Stephen Slavin
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