Theory and historical experience both confirm the importance of family size in shaping poverty trends

Indicate whether the statement is true or false

T

Economics

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________ refers to a period when the ________ decreases

A) Recession; growth rate of nominal GDP B) Recession; growth rate of output per person C) Productivity growth slowdown; growth rate of real GDP D) Productivity growth slowdown; growth rate of output per person

Economics

Figure 4-9


Moonshine" is illegal home brew made by adding sugar to accelerate corn fermentation. Ten pounds of sugar are necessary to make a gallon of moonshine. In the mid-1970s, the price of sugar tripled and the price of moonshine skyrocketed from $6 to $15 a gallon. Which graph in Figure 4-9 best illustrates this?

a.
1

b.
2

c.
3

d.
4

Economics