________ refers to alternating periods of economic expansion and economic recession in an economy

Cost-push inflation is caused by supply shocks like higher oil prices and poor weather conditions

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

We might predict that Hawaii has a comparative advantage compared to Russia in the production of pineapples because Hawaii has:

A. a climate more suitable for pineapples. B. more advanced farming technology. C. more land available to grow them on. D. less governmental oversight in the pineapple industry.