ALL of the following describe economic conditions during the Great Depression in the United States EXCEPT:
A. a sharp decline in stock prices.
B. high rates of inflation.
C. low levels of production.
D. high rates of unemployment.
Answer: B
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Standards set to control air toxics in the United States
a. are known as the NAAQS b. are the same as those set for greenhouse gases c. are intended to attain the maximum reduction for each toxic achievable, known as MACT d. are solely benefit-based
The international institution that serves as a lender of last resort is called the
A) IBRD. B) WTO. C) IMF. D) World Bank. E) GATT.
Specialization and the division of labor typically result in
A) cost overruns. B) increased output. C) decreased output. D) a greater reliance upon imports.
In which of the following relationships does the intercept have a real-world interpretation?
A) the relationship between the change in the unemployment rate and the growth rate of real GDP ("Okun's Law") B) the demand for coffee and its price C) test scores and class-size D) weight and height of individuals