The U.S. inflation rate ________ in the 1960s and 1970s, ________ in the 1980s, and ________ in the 1990s and 2000s.
A. was steady; rose sharply; fell
B. rose; fell sharply; remained low
C. rose; fell sharply; rose again
D. was steady; rose sharply; remained high
Answer: B
You might also like to view...
In the United States, the supply curve for human organs currently is: a. vertical
b. horizontal. c. downward sloping. d. upward sloping.
If a perfectly competitive industry were taken over by a monopoly, the monopoly would usually produce more output and charge a higher price
a. True b. False
The firm's demand curve for labor is
A. the demand curve for the good produced divided by the price of the good. B. the marginal physical product curve for labor divided by the price of the good. C. the marginal revenue product curve for labor. D. the marginal physical product curve for labor multiplied by the price of labor.
When a temporary adverse supply shock hits a large open economy, it causes the current account to ________ and investment to ________
A) fall; fall B) rise; remain unchanged C) fall; remain unchanged D) rise; fall