Recessions tend to be ________ by ________ the rate of inflation.
A. neither preceded nor followed; any change in
B. preceded; a decrease in the stability of
C. followed; an increase in
D. followed; a decrease in
Answer: D
Economics
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GDP per capita means GDP
A) divided by the capital stock. B) adjusted for inflation. C) in real terms. D) per person.
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Which of the following causes an increase in labor supply?
A. a decrease in the general price level B. when wages and the price level increase proportionately C. a decrease in income tax rates D. a decrease in transfer payments
Economics