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Author Question: Suppose that output in an economy is 50 units and the number of hours worked in the economy is 25. ... (Read 202 times)

KimWrice

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on: Apr 19, 2019

Question 1

Suppose that output in an economy is 50 units and the number of hours worked in the economy is 25. If the economy enters an expansion, which of the following combinations of output and hours worked would best reflect the expansion?


◦ 50 units of output and 25 hours worked
◦ 60 units of output and 40 hours worked
◦ 80 units of output and 40 hours worked
◦ 70 units of output and 30 hours worked

Question 2

Suppose that output in an economy is 50 units and the number of hours worked in the economy is 25. If the economy enters a recession, which of the following combinations of output and hours worked would best reflect the recession?


◦ 50 units of output and 25 hours worked
◦ 40 units of output and 20 hours worked
◦ 25 units of output and 10 hours worked
◦ 30 units of output and 20 hours worked
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by KimWrice on Apr 19, 2019

Pamela.irrgang@yahoo.com

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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KimWrice

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Reply #2 on: Apr 19, 2019
Thanks


Pamela.irrgang@yahoo.com

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Reply #3 on: Apr 19, 2019
Welcome :)


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