Capitalism thrives because of competition.

a. true
b. false

Ans: a. true

Economics

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________ is the market value of final goods and services produced in a country in a given period of time?

A) Gross national product B) Gross domestic product C) Net national product D) Net domestic product

Economics

A characteristic of the unemployment rate is that ________

A) it typically goes up in a recession B) it typically goes down in a boom C) it is not clear whether it is a leading or a lagging indicator D) all of the above E) none of the above

Economics