An economic boom is a sign that ______.
A) a recession is occurring
B) GDP is increasing
C) interest rates will rise
D) prices will drop
E) demand is low
Correct Answer:
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Q12: The laws of supply and demand state
Q13: After the Great Depression of the 1930s,government
Q14: A sharp reduction in a nation's GDP
Q15: _ had the largest historical impact on
Q16: Laissez-faire is a theory that refers to
Q18: The use of interest rates to control
Q19: The goal of economic policymakers is to
Q20: The major weakness of fiscal policy as
Q21: The federal income tax rate for those
Q22: _ control(s)monetary policy.
A) Congress
B) Governors
C) The New
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