The NBER describes a recession as
A) a decrease in the standard of living for at least one year.
B) a decrease in potential GDP for at least six months.
C) a one year period with increases in the unemployment rate.
D) a period of significant decline in total output, income, employment, and trade, usually lasting from six months to a year.
E) a decrease in real GDP for two successive quarters.
Question 2
The above figure shows the market for game day t-shirts. If the price of t-shirts is 10, then
A) there is a surplus and the price of t-shirts will fall.
B) there is a shortage and the price of t-shirts will fall.
C) there is a shortage and the price of t-shirts will rise.
D) there is a surplus and the price of t-shirts will rise.
E) the market is in equilibrium.
Earliest fossils and living cyanobacteria
Morotopithecus is the earliest fossil ape to show postcranial adaptations similar to those of the li
The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce
About 78% of middle-aged adults (aged 40–59) have at least one living parent, and for over a third ...
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
How to quickly determine the maximum or minimum value of a quadratic equation in standard form