Which of these statements describes inflation?
a. It refers to the temporary rise and fall in the price of a particular good in a market.
b. It refers to a one-time shift in the equilibrium price of a good

c. It refers to an increase in the demand for a particular good.
d. It refers to an ongoing increase in prices from year to year.

Economics

Unemployment insurance typically replaces a worker's full earnings

Indicate whether the statement is true or false

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Economics

What does the slope of a straight line equal? How is the slope of a curved line calculated at a point on the curve?

What will be an ideal response?

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Economics