Most recessions in the United States since World War II have begun with
A) a decline in residential construction.
B) a rapid increase in the price level.
C) a substantial number of bank failures.
D) a stock market crash.
Answer: A
Economics
You might also like to view...
If a firm shuts down in the short run, its losses are equal to
A. TC ? TR. B. TFC. C. TVC. D. MC.
Economics
Whether an oligopoly consists of 3 firms or 10 firms, the level of output likely will be the same
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following is associated with shifting cultivation?
A. Transhumance B. Terracing C. Swidden D. Rainforest climates. E. Both C and D
Economics
The time between when a policy is enacted and when it affects the economy is the ________ lag.
A. multiplier B. recognition C. legislative D. effectiveness
Economics