Which of the following statements is correct with regards to the business cycle?
A) Up to the 1980s the economy slowly got back to its previous level of employment.
B) After the 1980s economic recoveries took increasingly longer.
C) After the 1980s economic recoveries took a short period of time.
D) The 1990 recovery was slower than the 2001 recovery.
Correct Answer:
Verified
Q8: The central difference between the standard theory
Q22: The structural stagnation hypothesis provides a general
Q24: According to the structural stagnation theory,
A)U.S.economic growth
Q25: The time it has taken for employment
Q26: An explanation after the Great Depression for
Q26: In order for the economy to return
Q28: If an economy declined by 3 percent
Q36: Structural stagnation is used to describe a:
A)downturn,
Q42: Structural stagnation focuses on _ in terms
Q59: A theory in which advanced countries stop
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