This topic contains a solution. Click here to go to the answer

Author Question: A recession occurs when real GDP decreases for at least 6 months. Indicate whether the statement ... (Read 96 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
A recession occurs when real GDP decreases for at least 6 months.
 
  Indicate whether the statement is true or false

Question 2

A period of time in which the quantity of all factors of production used by a firm can be varied is called the
 
  A) market period.
  B) variable run.
  C) short run.
  D) long run.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

TRUE

Answer to Question 2

D





 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library