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Author Question: When there is an upward rise in the volume of economic activity, the economy is said to be in a ... (Read 73 times)

yoroshambo

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on: Jun 30, 2018
When there is an upward rise in the volume of economic activity, the economy is said to be in a recession.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If oil is considered a non-renewable resource, than oil is
 a. an unlimited resource.
 b. a scarce resource.
 c. not a productive resource.
  d. has no opportunity cost.


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Jordin Calloway

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


yoroshambo

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Sarahjh

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Reply 3 on: Yesterday
Excellent

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