The high point in the business cycle is referred to as the

A) turning point.
B) peak.
C) boom.
D) trough.

B

Economics

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The amount of frictional unemployment depends on

A) the phase of the business cycle. B) the time of the year. C) international competition. D) demographic factors and unemployment benefits. E) Both answers A and B are correct.

Economics

A consumer's total utility is maximized when the total utility per dollar from all goods is equalized

Indicate whether the statement is true or false

Economics