The unemployment rate in the United States at the peak of the Great Depression was ________ percent.

Under a fixed exchange rate system, if the inflation rate of the United States is less than the inflation rate of other nations, the

A) United States will develop a trade surplus. B) dollar will appreciate. C) United States will develop a trade deficit. D) dollar will depreciate.

In perfect competition, each firm's output is a large fraction of total market supply

a. True b. False