Generally, the higher the level of output in an economy is the ________ will be
A) lower the unemployment rate and inflation rate
B) higher the unemployment rate and inflation rate
C) higher the unemployment rate and the lower inflation rate
D) lower the unemployment rate and the higher inflation rate
D
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The stock market crashed in the year __________.
Fill in the blank(s) with the appropriate word(s).
The above figure shows the market for hamburger. Which figure shows the effect of an announcement by the U.S. Food and Drug Administration (FDA)that eating hamburger causes early death?
A) Figure A B) Figure B C) Figure C D) Figure D
The Argentinian crisis of 2001 was brought about by:
A. debt crisis. B. exchange rate crisis. C. excessive loss of national resources. D. None of these statements is true.
If England uses one week's time to produce ten yards of cloth or two barrels of wine and Portugal uses one week's time to produce twelve yards of cloth or six barrels of wine, England has the comparative advantage in both goods
a. True b. False Indicate whether the statement is true or false