The most troubling consequence of recessions, in the view of most people, is

What will be an ideal response?

the increased levels of unemployment associated with them.

Economics

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Which of the following is the gravity equation calculation?

a. the inverse of the average GDPs times transportation costs b. the sum of GDPs times total exports c. the product of the GDPs in two nations divided by a measure of the distance between them times a constant, reflecting other factors affecting trade d. the product of the land mass of the two nations divided by the average of their GDPs times a constant factor, reflecting other factors affecting trade

Economics

Reserve requirements on bank deposits are set by

A) the SEC. B) the Federal Reserve board of governors. C) the Federal Reserve district banks. D) Congress.

Economics