Economic stagnation and recession result in unemployment and poverty

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


True

Economics

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In a _____, the state owns all means of production

A. mixed economy B. planned economy C. market economy D. totalitarian state

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In the modern U.S. economy, the typical unemployed person stays unemployed for

A) an amount of time that is hard to quantify. B) a long time during expansions and a short time during recessions. C) a relatively long time, over a year. D) a relatively short time, less than six months.

Economics

The monetary base is $1,000 billion and the money multiplier is 5.5. What is the size of the money supply?

What will be an ideal response?

Economics

For a given technology and a given labor force, labor productivity will be ____ when the capital stock is ____.

A. higher; larger B. lower; larger C. lower; unchanged D. higher; smaller

Economics