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.