Structural stagnation is used to describe a:
A. downturn, followed by a period of slow growth that is not expected to speed up anytime soon without major legal changes in the economy.
B. downturn, followed by a period of slow growth that is not expected to speed up anytime soon without major structural changes in the economy.
C. downturn, followed by a period of slow growth that is not expected to speed up anytime soon without major cyclical changes in the economy.
D. downturn, followed by a period of slow growth that is not expected to speed up anytime soon without major political changes in the economy.
Answer: B
You might also like to view...
Monetary policy is conducted by
A. only the president. B. only Congress. C. both the president and Congress. D. neither the president nor Congress.
According to Figure 9.1, saving equals zero at an income level of
A. $2,000 billion. B. $0. C. $1,000 billion. D. $500 billion.
Would the services supplied by prostitutes and brothels be included in calculating GDP in the United States?
A) Yes, because those are final services. B) Yes, but only in those states where brothels are legal. C) No, because those services are immoral. D) No, because those are not truly economic services.
A definition of internal validity is
A) the estimator of the causal effect being unbiased and consistent B) the estimator of the causal effect being efficient C) inferences and conclusions being generalized from the population to other populations D) OLS estimation being available in your statistical package