Since most economies, on average, ________ over time, business cycles show a ________ trend.
A) sow down; negative
B) suffer recessions; negative
C) grow; positive
D) remain stable; zero
Correct Answer:
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Q42: The short-term ups and downs in the
Q43: A depression is a
A) recession combined with
Q44: Compared to the period after World War
Q45: Inflation refers to a(n) _ in the
Q46: A decrease in the overall price level
Q48: If the labor force is 400 and
Q49: In a business cycle, a peak occurs
Q50: Unemployment implies that in the labor market
Q51: The employment rate equals
A) labor force/population.
B) (labor
Q52: Hyperinflation refers to a(n)
A) increase in both
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