The Employment Act of 1946 directed the federal government to pursue the three objectives of maximizing employment,production,and purchasing power.
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Q19: Increases in the general price level are
Q20: Rapid economic growth has increased the economic
Q21: Most recessions last approximately three years.
Q22: How many times in the last 80
Q23: If real GDP is increasing at a
Q25: Because it lowers the amount of output
Q26: If a factory hires 1,000 new workers,the
Q27: The U.S.economy experienced fluctuations in employment and
Q28: Periodic fluctuations in real GDP are called
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Q29: During the Great Depression of the 1930s,the
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