The recessions associated with the business cycle come at regular intervals

a. True
b. False
Indicate whether the statement is true or false


False

Economics

You might also like to view...

Which of the following could be a direct cause of investment spending decreasing?

A. Real income increases. B. Real interest rates increase. C. A firms revenues increases while their costs remain constant. D. Expected future income increases.

Economics

Minimum wages are the predominant reason for unemployment in the U.S. economy

a. True b. False Indicate whether the statement is true or false

Economics

Arthur is an unskilled worker who is currently unemployed. He has been offered a job that pays $40 a day, but he is currently receiving unemployment insurance benefits equal to $50 a day, so he chooses not to accept the job and to continue looking for a better job. Arthur is ________ unemployed.

A. frictionally B. cyclically C. not D. structurally

Economics

India's decision in late 2016 to withdraw from circulation all existing 500- and 1,000- rupee paper currency, to stop accepting the old currency, and to stop exchanging it for new currency was an attempt by policymakers to

A) eliminate all currency from the economy. B) increase the size of the underground economy. C) reduce corruption. D) end hyperinflation.

Economics