"Ceteris paribus" refers to the idea that if more than two variables are graphed, only one variable must be held constant

Indicate whether the statement is true or false

FALSE

Economics

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The unemployment rate is usually ________ during a depression

A) below 3% B) above 20% C) between 3% to 5% D) between 5% to 10%

Economics

Suppose k = y1/2, total factor productivity is constant and equal to 1, s = 0.40, and d = 0.10. When the economy reaches the steady state, investment per worker is ________

A) $0.80 B) $1.60 C) $3.20 D) $6.40

Economics