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

Author Question: As GDP decreases during recessions, unemployment generally increases. Unemployment is therefore said ... (Read 69 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
As GDP decreases during recessions, unemployment generally increases. Unemployment is therefore said to be procyclical.
 
  Indicate whether the statement is true or false

Question 2

Economists refer to the ideal combination of the price a firm should charge and the quantity a firm should produce as
 
  A) profit maximization.
  B) maximized production.
  C) perfect competition.
  D) optimus prime.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheDev123

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

FALSE

Answer to Question 2

A




WWatsford

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Gracias!


Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

For a complete list of videos, visit our video library