The relationship between the size of the negative GDP gap and the unemployment rate is:
A. direct.
B. inverse.
C. undefined.
D. direct during recession but inverse during expansion.
A. direct.
Economics
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This led to a wide-ranging, and continuing, debate over the best way for government to respond to the recession and its aftermath.
What will be an ideal response?
Economics
For superstar athletes
A) their entire earnings are economic rent. B) part of their earnings are economic rent. C) none of their earnings are economic rent since rent doesn't apply to labor. D) none of their earnings are economic rent since they will do some other work once they are too old to be an athlete.
Economics