Refer to the information provided in Figure 18.1 below to answer the question(s) that follow. Figure 18.1Refer to Figure 18.1. The third fifth of families earned ________% of income in Outland.

The Keynesian theory is consistent with the business cycle fact that inflation is

A) procyclical and leading. B) procyclical and lagging. C) countercyclical and leading. D) countercyclical and lagging.

List and briefly describe the 4 categories of expenditures included in GDP

What will be an ideal response?