The demand for _____ is most severely affected by a recession
a. medicines
b. automobiles
c. breakfast cereals
d. haircuts
e. gasoline
b
Economics
You might also like to view...
Because central banks intervene in currency markets, the term ____ has been used to describe the system
a. organized b. planned c. dirty float d. flexible
Economics
Refer to Figure 22.3 for a perfectly competitive firm. If the market price is $23,
A. Economic profits are zero. B. The firm will have above-normal profits. C. The firm should produce 31 units. D. The firm should produce 25 units.
Economics
How many countries are in the European Union?
A) 28 B) 6 C) 21 D) 17
Economics
Stability implies a steady rate of economic growth and low inflation.
Answer the following statement true (T) or false (F)
Economics