A time of declining economic activity when businesses decrease production, unemployment rises, and many consumers have less money to spend is referred to as
A. deflation.
B. inflation.
C. a depression.
D. a recession.
E. prosperity.
Answer: D
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Which of the following statements is true?
A. Opportunity costs are never relevant to decision making. B. Fixed costs are sometimes relevant for decision making. C. Information must be exactly accurate to be relevant to decision making. D. A cost that is relevant in one decision context is relevant in other decision contexts.
The Employee Free Choice Act would increase penalties to employers who violate the NLRA and change voting procedures so that simply showing a majority of signed authorization cards would be enough to certify the union.
Answer the following statement true (T) or false (F)
The Freedom of Information Act (FOIA) permits for _____examination of records
conducted by the presiding judge, usually in chambers outside the presence of the public, to preserve the confidentiality of documents while giving the judge the opportunity to review the records and make an informed decision. Fill in the blanks with correct word
In a ________ banking system, commercial banks provide a full range of banking, securities, and insurance services, all within a single legal entity
A) universal B) British-style universal C) barrier-free D) seamless