In the United States in 1933, the unemployment rate was approximately
A. 7%.
B. 25%.
C. 42%.
D. 64%.
Answer: B
Economics
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Silver is an example of a
A) commodity money. B) fiat money. C) barter money. D) representative money.
Economics
Engel's law states that income elasticities are
a. negative for normal goods b. positive for inferior goods c. higher for food in industrialized nations than in nonindustrialized nations d. less than one for food e. usually about equal to one
Economics