Since the Second World War, the severity of the business cycle has lessened.
Answer the following statement true (T) or false (F)
True
The ups and downs of the economy have been less pronounced since World War II.
Economics
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If prices of goods and services are free to quickly adjust, then:
A. A negative demand shock would lead to increased unemployment in the short run B. A positive demand shock would lead to increased unemployment in the short run C. A negative demand shock would have no short-run effect on unemployment D. There would be no short-run demand shocks
Economics
Teenage unemployment rates tend to be a little lower than the overall unemployment rate.
Answer the following statement true (T) or false (F)
Economics