Stagflation refers to a situation in which the economy is experiencing:
A. high economic growth and high inflation.
B. low economic growth and high inflation.
C. high economic growth and low inflation.
D. low economic growth and low inflation.
Answer: B
Economics
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________ reflects a use of loanable funds, while ________ reflects a supply of loanable funds
A) The government budget deficit; private saving. B) International borrowing; a government budget deficit. C) International investment; business investment. D) A government budget surplus; a government budget deficit. E) Business investment; the government budget deficit.
Economics
In the figure above, the Lorenz curve that shows the richest 20 percent of households receiving 80 percent of all income is
A) curve A. B) curve B. C) curve C. D) curve D.
Economics