Over time the U.S.economy has had
A) fluctuations in growth.
B) full employment without serious inflation.
C) continuous growth in output per person.
D) persistent deflation.
E) steadily increasing unemployment.
Correct Answer:
Verified
Q2: Economic problems arise because
A) the number of
Q3: The expression "there's no such thing as
Q4: Economic analysis is
A) widely understood by all
Q5: Proposed causes of the Great Recession include
Q6: The poor performance of the U.S.economy relative
Q8: The basic characteristic of an economic resource
Q9: The existence of relative scarcity
A) refers to
Q10: Understanding poverty involves understanding those social mechanisms
Q11: Human wants and desires
A) are rarely influenced
Q12: Economics is best defined as the study
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