[Answered] When there is an upward rise in the volume of economic activity, the economy is said to be in a ...

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Author Question: When there is an upward rise in the volume of economic activity, the economy is said to be in a ... (Read 78 times)

yoroshambo

Hero Member
Posts: 566

on: Jun 30, 2018

When there is an upward rise in the volume of economic activity, the economy is said to be in a recession.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If oil is considered a non-renewable resource, than oil is
a. an unlimited resource.
b. a scarce resource.
c. not a productive resource.
d. has no opportunity cost.

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Marked as best answer by a Subject Expert

Jordin Calloway

Sr. Member
Posts: 334

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

b

yoroshambo

Member
Posts: 566

Reply 2 on: Jun 30, 2018

Wow, this really help

raenoj

Member
Posts: 340

Reply 3 on: Yesterday

TYSM

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