The relationship between industrial capacity percentage and
a. the unemployment rate is indirect.
b. the unemployment rate is direct.
c. real GDP is indirect.
d. nominal GDP is indirect.
a
You might also like to view...
A normal good is a good for which the demanded decreases as income decreases, holding everything else constant
Indicate whether the statement is true or false
Which of the following does NOT belong?
A) NAFTA B) Uruguay Round C) World Trade Organization D) non-tariff barriers E) major free trade agreements of the 1990s
Monopolistic competition is characterized by: a. one firm selling several products
b. many firms selling the same product. c. many firms selling slightly different products. d. one firm selling one product.
The best combination of inputs at one level of production may not be best at other levels.
a. true b. false