Which of the following situations would cause a period of stagflation at a later point in time?

a. a recessionary gap
b. a reduction in investment spending
c. an increase in technological development
d. an inflationary gap

d

Economics

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The net benefit of a particular alternative equals:

A) the benefits received from the alternative plus the costs incurred in choosing the alternative. B) the benefits received from the alternative divided by the costs incurred in choosing the alternative. C) the costs incurred in choosing the alternative divided by the benefits received from the alternative. D) the benefits received from the alternative minus the costs incurred in choosing the alternative.

Economics

The demand for a good or service is called a derived demand because it is derived from the demand for the factors of production that produce this good or service

Indicate whether the statement is true or false

Economics