The top of the business cycle is called:
A. a peak.
B. a growth trend.
C. a recession.
D. an upturn.
Answer: A
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If a female supervisor is discriminated against by one of her workers who refuses to cooperate, she may earn lower wages
a. True b. False Indicate whether the statement is true or false
In 1986, the base year, GDP was 4000. In 1989 the GDP deflator was 115. We may conclude that
A.there was some inflation between 1986 and 1989. B. there was some deflation between 1986 and 1989. C. real GDP declined between 1986 and 1989. D. GDP declined between 1986 and 1989.
Agricultural prices fell during each of these periods EXCEPT
A. 1865-1900. B. 1900-1919. C. 1929-1933. D. There is no exception. Agricultural prices fell in all these time periods.
The information revolution is:
A. putting upward pressure on wages. B. increasing manufacturing employment. C. changing the nature of employment. D. reducing overall employment.