The date at which a recession starts is called the
A) trough. B) peak. C) depression. D) plateau.
B
You might also like to view...
Voting members of the Federal Open Market Committee are
A) the Board of Governors, the presidents of five Federal Reserve Banks, and the Comptroller of the Currency. B) the Board of Governors and presidents of five Federal Reserve Banks. C) the Board of Governors and all twelve Federal Reserve Bank presidents. D) the Board of Governors, all twelve Federal Reserve Bank presidents, and the Secretary of the Treasury.
As price decreases and we move down further along a linear demand curve, the price elasticity of demand will:
a. decrease. b. increase. c. stay the same. d. approach infinity. e. increase or decrease.
Which one of these groups has the highest poverty rate?
A. The elderly B. Children C. White males over 50 D. Working class women
The willingness of firms to hire labor is represented by the market labor demand curve.
Answer the following statement true (T) or false (F)