According to general trends in the incidence of unemployment across different demographic groups in the United States, which of the following groups have the lowest unemployment rates in the country?
a. Asians
b. Hispanics
c. Whites
d. Nonwhites
e. Latinos
c
Economics
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Why do individuals decide to herd?
What will be an ideal response?
Economics
Economists believe that people's wants are
a. limited by their incomes b. insatiable c. scarce d. mostly irrational e. mostly psychological
Economics
The term “stagflation” was invented in the 1970s to describe an economy experiencing both
A. deflation and economic stagnation. B. inflation and economic stagnation. C. high inflation and high employment. D. high inflation and high levels of economic growth.
Economics
Exhibit 9-8 Keynesian aggregate expenditures model
?
In Exhibit 9-8, the value of the spending multiplier is:
A. 3. B. 4. C. 5. D. 2.
Economics