This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is true of the business cycle record of the United States? a. Recessions ... (Read 99 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
Which of the following is true of the business cycle record of the United States?
 a. Recessions have been lengthier during the last two decades than was true prior to 1980.
  b. Real GDP contracted throughout most of the 1950s.
  c. Real GDP in 2000 was approximately the same as 1950.
  d. Since 1950, the fluctuations in GDP have been less severe than before 1950.

Question 2

Other factors held constant, a decrease in resource prices will shift the aggregate:
 a. demand curve leftward.
  b. demand curve rightward.
  c. supply curve leftward.
  d. supply curve rightward.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

thall411

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Menstrual cycle summary based on a 28-day (average) menstrual cycle. Menstrual cycle summary based on a 28-day (average) menstrual cycle.
Carbon Cycle Carbon Cycle
Equipment Inventory Record Equipment Inventory Record
Examples of Muds and Clays from the United States and Around the World Examples of Muds and Clays from the United States and Around the World
A schematic diagram of the functional cycle of the Na+–K+ pump A schematic diagram of the functional cycle of the Na+–K+ pump
Life cycle of a typical flowering plant. Life cycle of a typical flowering plant.
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library