From 1950 to 2009, the average length of expansions in the United States has been
A) less than 2 years.
B) between 2 year and 3 years.
C) between 3 years and 4 years.
D) longer than 4 years.
D
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In the averting expenditures model shown below, if environmental quality is E1,and personal environmental quality is X1, the area or distance that represents the individual’s averting expenditures is
a. edfX1 b. edhX2 c. dgh d. edfhX2
Read the following statements and determine if they are true or false
I. According to the quantity theory of money, an increase in the growth rate of the quantity of money increases inflation in the long run. II. Historical and international data show that there is no correlation between inflation and money growth. A) I and II are both true. B) I and II are both false. C) I is true and II is false. D) I is false and II is true.
In the term "real GDP," what does "GDP" stand for and what does it measure? What does "real" indicate?
What will be an ideal response?
The marginal product of capital is the ________ curve for capital and the marginal product of labor is the ________ curve for labor
A) demand; demand B) demand; supply C) supply; demand D) supply; supply