The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________.  

A. recessionary; B
B. recessionary; C
C. recessionary; A
D. expansionary; A

Answer: C

Economics

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Over ninety-five percent of all new businesses that open each year in the United States employ ________ workers

A) only one or two B) fewer than 20 C) 50 or more D) over 100

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Homeowners receive tax benefits that are not available to renters

a. True b. False Indicate whether the statement is true or false

Economics