Which of the following is true about the United States?
A. There has only been one recession in U.S. history.
B. There have been recessions every couple of years throughout U.S. history.
C. Recessions have never occurred in the United States.
D. Recessions have occurred periodically in U.S. history.
E. Recessions in the United States have generally been worse than in other countries.
Answer: D
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Refer to Table 22-7. Consider the statistics in the table above in describing the following industrialized and developing countries. Are these consistent with the economic growth model? Briefly explain
What will be an ideal response?
A cartel is
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