During a recession:
a. Government spending automatically falls and taxes automatically rise.
b. Government spending and taxes automatically fall.
c. Government spending and taxes do not tend to change.
d. Government spending rises automatically and taxes fall automatically.
e. None of the above.
.D
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The participation rate is the number of people:
A. employed and unemployed divided by the population aged 16 years and older. B. employed divided by the labor force. C. employed and unemployed divided by the labor force. D. employed divided by the population aged 16 years and older.
Between 1875 and 1895,
a. wholesale farm prices fell and consumer prices rose. b. wholesale farm prices rose slightly, but consumer prices rose more rapidly. c. wholesale farm prices and consumer prices fell, but wholesale farm prices fell more rapidly. d. wholesale farm prices fell while consumer prices remained generally unchanged.
In 2013, the Lowest Income 60 percent of households had about what percentage of total money income?
a. 23.4% b. 26.0% c. 46.6% d. 60.0%
How is per capita GDP affected by GDP growth and population growth?
What will be an ideal response?