Structural stagnation cannot be treated as a normal business cycle because it:
A. is far less responsive to typical demand-side policies.
B. is far less responsive to supply-side policies.
C. only occurs as result of hyperinflation.
D. only happens once every 30 years.
Answer: A
You might also like to view...
A trade surplus could be balanced by all of the following except
a. borrowing from domestic citizens. b. selling domestic assets to foreigners. c. borrowing from foreigners. d. selling foreign assets already owned by U.S. citizens to foreigners.
In the case of Commonwealth v. Hunt (1842), the Massachusetts Court held that labor unions are not necessarily illegal. They may stop work and boycott products without committing unlawful acts
Indicate whether the statement is true or false
The relative importance of housing in the breakdown of consumer spending is
a. 42 percent. b. 15 percent. c. 6 percent. d. 4 percent.
Discuss specific firm behavior that reduced the level of competition in an industry. What are the opportunity costs of greater concentration?
What will be an ideal response?