One way the government can boost the economy out of a recession is:

A. with public announcements telling the public to save their money.
B. by increasing government spending.
C. by setting price ceilings on most goods so people can afford them.
D. None of these will help an economy in recession.

Answer: B

Economics

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Suppose this year Angola borrows $100 million from foreign countries, while it lends $15 million to other countries. Angola definitely is a

A) net borrower. B) net lender. C) creditor nation. D) debtor nation.

Economics

Which of the following is a result of unemployment that is very low?

a. the few people who are unemployed stop looking for jobs b. wages drop below the level of minimum wage c. companies have difficulties recruiting workers d. companies stop looking for people to fill unfilled jobs

Economics