Efforts to fine-tune the economy have been used for several decades, and since then
A. Employment goals have been met, but price stability has not been attained.
B. We still experience periods of recession, high unemployment, and inflation.
C. We have successfully achieved our major economic goals at all times.
D. Price stability goals have been met, but full employment has not been attained.
Answer: B
Economics
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Which of the following describes the growth in real GDP per person in the United States from 1900 to the present?
A) It has doubled. B) It has decreased. C) It has increased by more than eight times. D) It has increased twenty times.
Economics
The adding up of individual economic variables to obtain economy wide totals is called:
A. monetary policy. B. aggregation. C. normative analysis. D. average labor productivity.
Economics