The costs of a recession are largely
A) losses to some people but gains to others.
B) made up in the subsequent recovery.
C) the consequences of falling prices.
D) the costs of disappointed expectations.
E) welcomed by advocates of zero economic growth.
D
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As of 2016, there are ______ nations fully in the Eurozone, with ______ nations remaining outside the currency union.
A) 40; 2 B) 19; 10 C) 35; 7 D) 10; 17
If market supply decreases and, simultaneously, market demand increases, the new equilibrium will show:
a. market price will decrease, and market quantity exchanged will increase. b. market price will increase, and market quantity exchanged will decrease. c. market price will increase, and the quantity exchanged could increase, decrease, or remain the same. d. market price could increase, decrease, or remain the same, and quantity exchanged will increase. e. market price will increase, decrease, or remain the same, and quantity exchanged will decrease.