The gross domestic product (GDP) of Trelinberg, a South American nation, has been decreasing for the past eight years. The long period of consecutive decreases in the GDP has led to high unemployment rates in Trelinberg. In the given scenario, the economy of Trelinberg is most likely experiencing _____.

A. disinflation
B. a depression
C. a stagflation
D. hyperinflation


Answer: B

Business

You might also like to view...

A metaphysical myth fulfills the cultural function of explaining how the components of the universe relate to each other

Indicate whether the statement is true or false

Business

From the four selections below, identify which are necessary to develop the value chain of a product or service. 1 . Processes 3 . Nonvalue-adding activities 2 . Departments 4 . Value-adding activities

a. 1 and 3 b. 2 and 4 c. 1 and 4 d. 1 and 2

Business

To remove hidden content before sharing a Microsoft Word 2010 file:

a. Click the File tab and select Info. b. Click the Review tab and select Document Inspector. c. Click the File tab and select Inspect. d. Click the Review tab and select Prepare for Sharing.

Business

Lead time for computers is 7 days with daily demand of 5 computers and a safety stock of 1 day. Each kanban holds 8 computers. What is the correct number of kanbans?

A) 4.5 B) 1 C) 5 D) 7 E) 8

Business