On average, in the recessions since 1950, it has taken ________ for real GDP to return to its cyclical peak

A) about 6 months
B) about 1 year
C) about 18 months
D) almost 2.5 years


Answer: C

Economics

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Technological change leads to unemployment

a. True b. False Indicate whether the statement is true or false

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If you want to earn a high income you should figure out what others value because

What will be an ideal response?

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Refer to the data above. The marginal propensity to consume is:

.40 .75 .60 .80

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