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Author Question: The business cycle is defined as A) changes in the stock market. B) changes in financial ... (Read 123 times)

ap345

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The business cycle is defined as
 
  A) changes in the stock market.
  B) changes in financial markets.
  C) persistent growth in potential GDP.
  D) irregular ups and downs in production and jobs.
  E) the period of time during which the unemployment rate is rising.

Question 2

The prediction of permanent, growing shortages of fresh drinking water by the year 2050 assumes
 
  A) water prices will increase.
  B) water prices will decrease.
  C) water prices will not adjust appropriately to coordinate the market.
  D) nobody will be able to collect water from rain and snowstorms.



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Chou

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Answer to Question 1

D

Answer to Question 2

C



ap345

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Chou

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