Author Question: An economic expansion rather than a recession occurs A) when the federal budget is balanced. B) ... (Read 280 times)

cool · **on:** Jun 29, 2018

An economic expansion rather than a recession occurs

A) when the federal budget is balanced.
B) when the unemployment rate falls below 5 percent.
C) when growth in real GDP is positive.
D) when the unemployment rate is not changing.

Question 2

An increase the expected future price of a good

A) increases its demand.
B) decreases its demand.
C) increases its supply.
D) has no effect on either its demand or its supply.