The recessionary gap of the 1990s in Japan led to decreases in the price level

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Suppose the Utopian economy has the following characteristics: 100,000 people in the noninstitutional population; 80,000 people employed; 20,000 people not in the labor force. What's the unemployment rate?

A) -20 percent B) 0 percent C) 25 percent D) 60 percent E) 80 percent

Economics

The tax represented is:



A.  optimal.
B.  proportional.
C.  regressive.
D.  progressive.

Economics