If business cycles are caused by changes in aggregate supply, you would expect to see
a. prices and unemployment moving in the same direction.
b. price and unemployment moving in opposite directions.
c. prices not moving with unemployment.
d. unemployment is not included in the Keynesian model.
Question 2
How did laborers benefit from World War I (191418)?
(a) Their nominal take-home pay rose more than prices increased.
(b) They were placed in military jobs that paid wages higher than
private sector jobs.
(c) High-paying jobs in the private sector were created to support
the war effort.
(d) Real GNP and national income fell during and shortly after the war.
Endocarditis. The human heart has been sectioned to reveal the left ventricle and origin of the aort
Hematoma. A hematoma around the right eye caused by an injury. A hematoma is the result of bleeding
Hormonal changes during the ovarian and uterine cycles
Notice the reddish-brown haze caused by nitrogen oxides that is often over many major cities.
Sheng and Ko cycles.
Business question