Which of the following is correct?
a. Recessions have never occurred very close together.
b. Sometimes recessions are close together.
c. Economic fluctuations are easily predicted by competent economists.
d. Spending, income, and production do not fluctuate closely with real GDP.
Ans: b. Sometimes recessions are close together.
Economics
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Compared to low-income families, a larger proportion of high-income families
a. is headed by a person with a college degree. b. has both a husband and a wife who work full time. c. is headed by a person between the ages of 35 and 64. d. is all of the above.
Economics
The origin of a graph is the intersection of the two axes, where the value of both variables is zero.
Answer the following statement true (T) or false (F)
Economics