The official decision in the U.S. as to whether and when a slowdown in the rate of economic growth has become a recession is made by the
A) Bureau of Economic Analysis in the Department of Commerce.
B) Bureau of Labor Statistics.
C) Federal Reserve Board of Governors.
D) National Bureau of Economic Research, a private research organization.
D
You might also like to view...
If the natural rate of unemployment equals 6 percent and the actual rate of unemployment equals 5 percent, then cyclical unemployment equals:
A. 11 percent. B. -1 percent. C. 1 percent. D. -1.2 percent.
If average annual tuition at public 4-year colleges was $1,908 in 1990, when the CPI was 130.7, and $8,655 in 2012 when the CPI was 229.6, then the real cost of annual tuition
A) rose by 354 percent during that period. B) fell by 158 percent during that period. C) fell by 354 percent during that period. D) rose by 75.7 percent during that period. E) rose by 158 percent during that period.
Refer to Figure 4-3. What is the total amount that Kendra is willing to pay for 3 ice cream cones?
A) $2.50 B) $7.50 C) $9.00 D) $13.50
One effect of having access to cheap foreign goods can be to raise workers' real wages
a. True b. False Indicate whether the statement is true or false