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Author Question: The common term for a severe recession is a A) bottoming out. B) economic adjustment. C) ... (Read 43 times)

viki

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on: Jun 30, 2018
The common term for a severe recession is a
 
  A) bottoming out. B) economic adjustment.
  C) depression. D) downturn.

Question 2

A country has 6,000 total efficiency units of labor. If the average efficiency of each worker in the economy doubles, the country will have ________ efficiency units of labor, everything else remaining unchanged.
 
  A) 48,500 B) 36,000 C) 300 D) 12,000
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Kimmy

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

C

Answer to Question 2

D


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