When jobs are easy to find,wage increases are frequently given,and businesses are doing well,the economy is most likely in a(n)
A) expansion.
B) depression.
C) recession.
D) surplus.
E) shortagE.
Correct Answer:
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Q33: A particularly severe recession is called a
A)
Q34: If a country's exports are less than
Q35: A trade surplus occurs when
A) government spending
Q36: Macroeconomic issues include all of the following
Q37: Inflation is the increase in
A) total output.
B)
Q39: Macroeconomic issues include all of the following
Q40: Major macroeconomic questions include all of the
Q41: In Econland,population increased from 1 million to
Q42: A trade imbalance occurs when
A) exports from
Q43: If average labour productivity increases while the
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