The highest measured rate of unemployment in the United States occurred during

A) the post-WWII years.
B) the Panic of 1893.
C) the Carter administration.
D) the Great Depression.

D

Economics

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Indicate whether the statement is true or false

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If demand is price elastic, a decrease in price causes:

a. an increase in total revenue. b. a decrease in total revenue. c. no change in total revenue. d. an increase in quantity, but anything can happen to revenue.

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