Recessions in the United States typically are:

A. widely felt outside the United States.
B. limited to specific regions of the country.
C. limited to a few industries.
D. confined to the domestic economy.


Answer: A

Economics

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Growth in potential GDP in the United States is estimated to be about

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What will be an ideal response?

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Economists assume that households and firms share two important characteristics. One of these characteristics is that

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