Economic growth guarantees economic development.
Answer the following statement true (T) or false (F)
False
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In all economies, investment spending fluctuates
Indicate whether the statement is true or false
In the classical and monetarist aggregate demand curves:
a. money is the primary factor driving changes in aggregate demand. b. taxes can never shift aggregate demand. c. government spending can never shift aggregate demand. d. changes in aggregate demand drive most recessions. e. both a and d.
A recession is defined as a period when the
a. real GDP increases less than 3 percent. b. real GDP falls by at least 5 percent in a single quarter. c. nominal GDP declines for two consecutive quarters. d. real GDP falls for two consecutive quarters.
Identify a critical aspect of corporate organization.
A. the capita to labor ratio B. the pricing strategies of the rival firms C. the cost structure of the firm D. the assignment of decision rights within a company