The costs of a recession are largely
A) losses to some people but gains to others.
B) made up in the subsequent recovery.
C) the consequences of falling prices.
D) the costs of disappointed expectations.
E) welcomed by advocates of zero economic growth.
D
You might also like to view...
As the result of an increase in the price of capital, the demand for labor would ________, the supply of labor would ________, and the quantity of labor hired would ________
A) decrease; remain the same; decrease B) decrease; decrease; decrease C) decrease; increase; remain the same D) increase; remain the same; decrease
Voluntary programs, direct controls, and emissions taxes are all equally effective ways of controlling pollution
a. True b. False Indicate whether the statement is true or false
If input cost rises significantly when production is increased, a firm's price elasticity of supply will tend to be low
Indicate whether the statement is true or false
Compare and contrast the difference in private and public goods based on the characteristics of “rivalry” and “exclusion.”
Please provide the best answer for the statement.