Economic stagnation coupled with high inflation is commonly called:

A. stagflation.
B. inflationary stagnation.
C. stagnatory growth.
D. inflagnation.

Answer: A

Economics

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In his test of the HO model for the United States, Leontief found that :

a. the United States was importing labor intensive commodities. b. the U.S. capital/labor ratio for imported goods was larger than that for the exported goods. c. the U.S. capital/labor ratio for imported goods was smaller than that for d. the exported goods there was a trade imbalance in the United States.

Economics

Refer to the above table. What is the market quantity demanded at a price of $8?

A) 5 B) 15 C) 35 D) 44

Economics