The Business Cycle Dating Committee defines a recession as
A) a significant decline in activity visible in industrial production, employment, real income, and wholesale/retail trade lasting more than a few months.
B) two consecutive quarters of declining real GDP.
C) a significant decline in inflation and unemployment lasting more than a few months.
D) two consecutive quarters of declining nominal GDP.
Question 2
If in the market for oranges the supply has increased, then
A) the supply curve for oranges has shifted to the left.
B) the supply curve for oranges has shifted to the right.
C) there has been a movement upwards along the supply curve for oranges.
D) there has been a movement downwards along the supply curve for oranges.
The activity recorded by PET scans during the performance of newly learned and well-practiced ...
Trends in Hurricane Activity
Schematic view of the Calvin cycle
Replication Cycle of H I V
HIV Infection Cycle