The number of unpaid internships is more likely to rise in an economy when the economy is in a recessionary gap and wage rates are constant than when wage rates are falling

Indicate whether the statement is true or false

True

Economics

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Looking at inflation rates in the United States since the 1970s we see that

A) inflation fell the most during the 1970s productivity slowdown. B) the highest inflation rates were the double digits during the 1990s. C) the inflation rate increased with the increased growth of the 1990s. D) the 1970s experienced the highest inflation rates.

Economics

Transfer payments are subtracted from national income to get to personal income

Indicate whether the statement is true or false

Economics