The common term for a severe recession is a A) bottoming out. B) economic adjustment. C) ...

Author Question: The common term for a severe recession is a A) bottoming out. B) economic adjustment. C) ... (Read 137 times)

viki

Hero Member
Posts: 525

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 ¦ 7^th Edition

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Kimmy

Sr. Member
Posts: 342

Reply #1 on: Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

D

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