A country has $3 billion of domestic investment and net exports of -$2 billion. What is its saving?

For the recessions in the United States since the 1950s

A) unemployment rises on average about 5 percentage points during the 12 months after a recession begins. B) unemployment falls on average by 2 percentage points during the 12 months after a recession begins. C) unemployment rises on average by about 1.2 percentage points during the 12 months after a recession begins. D) cyclical unemployment has been non-existent.

The largest U.S. economic expansion between 1890 and the present occurred during which of the following events?

a. The Railroad Prosperity b. World War II c. The Great Tuna Boom d. The OPEC Prosperity of 1974