Many economists ________ protectionism because it ________ consumers and ________ jobs in domestic industries that use protected products

During the Great Depression, Tobin's q

A) rose dramatically, as did real interest rates. B) fell to unprecedentedly low levels. C) stayed fairly constant, in contrast to most other economic measures. D) rose only slightly, in spite of Hoover's attempts to prop it up.

A situation in which output decreases while prices increase is often referred to as:

A. inflation. B. negative economic growth. C. a recession. D. stagflation.