Economic fluctuations:
a. are linked, but not perfectly synchronized, across countries
b. are perfectly synchronized across countries.
c. in one country are independent of fluctuations in other countries.
d. in the United States always occur after fluctuations in other developed economies.
e. in the United States usually occur before fluctuations in other developed economies.
a
You might also like to view...
The marginal rate of substitution is equal to the ________
A) marginal cost of each good B) magnitude of the slope of the indifference curve C) inverse of the slope of the budget line D) relative price of the two goods
Each month, how many households does the U.S. Bureau of the Census survey in the Current Population Survey (CPS) in order to determine the unemployment rates?
a. About 140,000 households b. About 60,000 households c. About 140,000 businesses and government agencies d. About 60,000 businesses and government agencies
The central bank of the United States is called:
A. Bank of the United States. B. the Federal Reserve System. C. AmeriBank. D. Bank of America.
Refer to the information provided in Figure 26.3 below to answer the question(s) that follow.
Figure 26.3Refer to Figure 26.3. During the 1980s, many firms in the United States were not investing in new capital. This would have caused
A. the economy to move from Point C to Point B along AS1. B. the economy to move from Point B to Point A along AS1. C. the short-run aggregate supply curve to shift from AS1 to AS2. D. the short-run aggregate supply curve to shift from AS1 to AS0.