Since 1950,
A) the average length of expansions in the United States have become longer as compared to before 1950.
B) the average length of expansions in the United States have become shorter as compared to before 1950.
C) economic expansions in the United States have been so short that expansions barely exist.
D) the average length of expansions in the United States are about the same length as compared to before 1950.
A
You might also like to view...
Refer to Figure 4-13 which shows the market for watermelons. Suppose the government imposes a price floor of Pw. How will the price floor affect the quantity supplied, quantity demanded, and quantity exchanged?
What will be an ideal response?
Suppose there are only two people, Mr. Mullinax and Ms. Fleming, who must split a fixed income of $500. For Mr. Mullinax, the marginal utility of income is MU m = 600 - 2I m , while for Ms. Fleming, marginal utility is MU f = 600 - 3I f , where I m and I f are the amounts of income to Mr. Mullinax and Ms. Fleming, respectively.
(A) What is the optimal distribution of income if the social welfare function is additive? (B) What is the optimal distribution if society values only the utility of Ms. Fleming? What if the reverse is true? Comment on your answer. (C) Finally, comment on how your answers change if the marginal utility of income for both Mr. Mullinax and Ms. Fleming is constant such that Mu m = 250 = MU f . (This one is subtle.) The setup should be I m + I f = 500 and 600 - 3I f = 600 - 2I m
Which statement is true?
A. Large denomination time deposits are part of M2 but not M3. B. Large denomination time deposits are part of M3 but not M2. C. Small denomination time deposits are part of M2 but not M3. D. Small denomination time deposits are part of M3 but not M2.
An example of variable costs is
A. interest on loans for equipment. B. hourly labor. C. insurance premiums to protect assets. D. rent on the building a business occupies.