For the recession of 2007-2009, it took ________ for employment to return to its cyclical peak
A) about 18 months B) about 2.5 years C) about 3.5 years D) more than 6 years
D
Economics
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According to the rational expectations hypothesis, an individual's assessment of future economic performance
A) considers both past performance and current monetary and fiscal policy. B) only considers past performance. C) does not consider the impact of inflation. D) does not consider past performance.
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The law of diminishing returns refers to diminishing
A) total returns. B) marginal returns. C) average returns. D) all of these.
Economics