Technically speaking, in what year did the "Great Recession" end?
a. 1933
b. 1935
c. 2007
d. 2009
e. It had not ended as of 2011.
d
Economics
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Economic progress is best measured by
a. the growth rate of prices over time. b. the growth rate of GDP per capita c. the amount of time it takes a worker to work to afford certain goods and services. d. the growth rate in the population.
Economics
Why does inflation make nominal GDP a poor measure of the increase in total production from one year to the next?
What will be an ideal response?
Economics