"Stagflation" refers to the unwelcome combination of
a. inflation and rising prices.
b. deflation and unemployment.
c. inflation and unemployment.
d. inflation and expansion.
c
Economics
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If nonmarket work is a normal good, then an increase in income __________ the time allocated to __________
a. decreases; market work b. decreases; leisure c. increases; market work d. increases; leisure e. increases; nonmarket work
Economics
Subprime lending gained popularity because of all of the following, except:
A. investing in a home was seen as the safest investment one could make. B. it was meant to encourage those with risky credit to make a safe investment. C. the value of homes had not fallen for over 60 years. D. helping poor to own a home.
Economics