Typically, when real GDP goes up over a period of, say, one year, the rate of:
A) inflation tends to fall.
B) employment tends to fall.
C) unemployment tends to fall.
D) employment tends to remain unchanged.
Correct Answer:
Verified
Q2: A decrease in real GDP should lead
Q3: Which of the following statements is FALSE?
A)
Q4: A business cycle is:
A) a recurring period
Q5: Which of the following statements about business
Q6: The phases of a business cycle are:
A)
Q7: The four phases of a business cycle,
Q8: The phase of the business cycle where
Q9: The phase of the business cycle where
Q10: The phase of the business cycle during
Q11: The federal government attempts to control business
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