Through repeated business cycles, in most countries the average national output in the long run shows:
A) a tendency to remain constant over time.
B) no discernible trend.
C) a trend of slowly rising.
D) a trend of slowly falling.
Correct Answer:
Verified
Q87: Macroland's unemployment rate is 7%. The breakdown
Q88: The optimal unemployment rate in a country
Q89: Macroland's output is at a low and
Q90: Macroland's output is rising. Unemployment has been
Q91: Macroland's output is falling. Unemployment has been
Q93: The length of stages in the business
Q94: Which of the following is NOT a
Q95: According to Econia's population and employment statistics,
Q96: Summarize the ways in which an individual
Q97: Describe limitations to the U3 unemployment rate
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents