A____________is a graph showing the various quantities supplied at each and every price that might prevail in the market.
Fill in the blank(s) with the appropriate word(s).
Ans: supply curve
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The highest unemployment rate in U.S. history was about
A) 10.2 percent in 2009. B) 5.9 percent in 1972. C) 10 percent in 1982. D) 25 percent in 1933. E) 52 percent in 1939.
What is the problem with saving in DVCs, even when saving as a percentage of domestic output is the same as in industrially advanced countries?
A. The interest rate paid on money kept in a bank in DVCs is not as high as the interest rate on money kept in a bank in an IAC B. Capital flight reduces investment opportunities and the need for saving in DVCs C. There is a continual brain drain that removes skilled labor from the work force and reduces labor productivity and the need for saving D. The domestic output of DVCs is so low that the absolute volume of saving is small