On average, in the recessions since 1950, it has taken ________ for employment to return to its cyclical peak
A) about 6 months B) about 1 year C) about 18 months D) almost 2.5 years
D
Economics
You might also like to view...
Diseconomies of scale is
A) a short-run phenomenon. B) the result of decreasing marginal returns. C) a long-run phenomenon. D) the result of increasing marginal returns. E) possible only when the firm's plant size is fixed.
Economics
Proponents of the ________ model argue that the short-run supply curve is vertical
A) the monetarist model B) the new classical model C) the new Keynesian model D) the real business cycle model
Economics