The historical record for the United States over the last 100 years shows
A) mostly positive economic growth, though the Great Depression caused actual GDP to dip well below potential GDP.
B) economic growth for about half the years and economic decline for the other half.
C) growth until 1970 and then a period of constant per person real GDP.
D) continuous economic growth for each year, although at different rates, throughout the entire century.
A
You might also like to view...
Resale price maintenance is a kind of ________ restraint and it ________ legal.
A) vertical; can be B) horizontal; is never C) vertical; is never D) horizontal; can be
An example of screening during the hiring process is:
A. just asking for the information. B. an interview. C. checking references. D. All of these are ways to screen candidates.
In the United States, imports have exceeded exports in every year since 1960
a. True b. False
Exhibit 3-8 Demand and Supply Data for Video Games ? Price Quantity Demanded of Video Games Quantity Supplied of Video Games $75 400 900 70 450 850 65 500 800 60 550 750 55 600 700 50 650 650 45 700 600 40 750 550 ? In Exhibit 3-8, if there is a shortage of video games of 200 units, the current price of video games must be:
A. $60. B. $55. C. $40. D. $45.