The "expansion" of an economy occurs after

A) firms produce more goods. B) a trough.
C) people spend more money. D) an inflationary period.


B

Economics

You might also like to view...

When the Fed buys or sells securities, it is conducting ________ operation

A) a deposit B) a currency C) a government debt D) an open market E) a money multiplier

Economics

Marginal revenue is equal to:

A) the change in price divided by the change in output. B) the change in quantity divided by the change in price. C) the change in P x Q due to a one unit change in output. D) price, but only if the firm is a price searcher.

Economics

In 2003, the largest component of U.S. GDP was

a. personal consumption expenditures b. government purchases c. durable goods d. net exports e. gross private domestic investment

Economics

Legal entitlement to scientific discoveries, inventions, innovations and intellectual property

What will be an ideal response?

Economics