The highest unemployment rate recorded since World War II came in ________

A) September 1929
B) January 1961
C) December 1982
D) October 2009

C

Economics

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The money multiplier determines how much

A) real GDP will be expanded given an increase in autonomous investment. B) the monetary base will be expanded given a change in the quantity of money. C) the quantity of money will be expanded given a change in the monetary base. D) money demand will expand given a change in the quantity of money.

Economics

One claim that trade barrier proponents use to enforce environmental standards is that

A) environmental standards do not reduce industrial competitiveness and do not induce race-to-the-bottom, where countries are forced to rescind their standards in order to maintain employment. B) high standards in industrialized nations motivates some firms to "export pollution" to developing countries by relocating their dirty industries. C) enforcing environmental standards is essential, as there are no differences between labor standards and environmental standards. D) all environmental impacts are non-transboundary.

Economics