Refer to the information for this hypothetical economy provided in Table 20.1 below to answer the question(s) that follow.Table 20.1 2014 2015 2016QuarterIIIIIIIVIIIIIIIVIIIIIIIVOutput9094981029691888487949087Refer to Table 20.1. The period from after the fourth quarter of 2014 until before the first quarter of 2016 can be categorized as a period of
A. low unemployment.
B. high inflation.
C. high production.
D. high unemployment.
Answer: D
Economics
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Which of the following would cause a fall in the market interest rate?
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If demand for a seller's product is elastic, a price increase will decrease total revenue
a. True b. False Indicate whether the statement is true or false
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