Which is especially useful for comparing data?
a. line graph
b. bar graph
c. pie graph
d. circle graph
Ans: b. bar graph
Economics
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The self-correcting tendency of the economy means that falling inflation eventually eliminates:
A. exogenous spending. B. recessionary gaps. C. expansionary gaps. D. unemployment.
Economics
The Smoot-Hawley tariff triggered a trade war during the Great Depression of the 1930s
Indicate whether the statement is true or false
Economics
The average duration of unemployment across the labor force is about
A) 25 weeks. B) 15 weeks. C) 8 weeks. D) 4 weeks.
Economics
If wages are above the MRP, a firm should employ more labor.
Answer the following statement true (T) or false (F)
Economics