When the economy is in a recession, ____ rises and poverty ____

a. unemployment; decreases
b. employment; decreases
c. unemployment; increases
d. employment; increases

c

Economics

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The corporate income tax can be understood fully without reference to other elements of the federal tax code

a. True b. False

Economics

The nation of Aviana soon will abandon its no-trade policy and adopt a free-trade policy. If the world price of goose meat is $3 per pound and the domestic price of goose meat without trade is $2 per pound, then Aviana should export goose meat

a. True b. False Indicate whether the statement is true or false

Economics