What do businesses usually expect will increase when the economy experiences a continued rise in the level of inflation?
A. Consumer spending
B. Employment levels
C. Industry growth
D. Interest rates
D. Interest rates
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In the United States, from 1980 to 2011, the percentage of
A) part-time workers who are part time for noneconomic reasons has increased significantly to over 30 percent. B) part-time workers who are part time for noneconomic reasons has risen during recessions and fallen during expansions. C) part-time workers who are part time for economic reasons has increased significantly to over 30 percent. D) part-time workers who are part time for economic reasons has risen during recessions and fallen during expansions. E) None of the above answers is correct.
Burger Queen enjoyed $1 million in profits last year. What does Burger Queen's $1 million in profits mean for its competitor, Burger Lord?
A) Nothing. B) Burger Lord must have suffered $1 million in losses last year. C) Burger Lord must have also enjoyed $1 million in profits last year. D) Burger Queen is more efficient at serving its customers compared to Burger Lord.