Economic fluctuations:
a. are linked, but not perfectly synchronized, across countries
b. are perfectly synchronized across countries.
c. in one country are independent of fluctuations in other countries.
d. in the United States always occur after fluctuations in other developed economies.
e. in the United States usually occur before fluctuations in other developed economies.
a
Economics
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An item that is purchased to increase businesses' productive resources is
A) an export. B) a government good. C) a capital good. D) a consumption good. E) a productive good.
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When the firm produces zero output, its fixed cost is
a. zero b. the same as its total cost c. the same as its variable cost d. the same as its marginal cost e. infinite
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