What is meant by the term economic growth?
What will be an ideal response?
Economic growth occurs when the total output in an economy increases.
Economics
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When an economy grows out of a recession, normally the demand for bonds ________ and the supply of bonds ________, everything else held constant
A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; increases
Economics
The rational-expectations hypothesis implies that there is no need for government stabilization policies.
Answer the following statement true (T) or false (F)
Economics