Multiple Choice
A period of protracted slow growth and high unemployment is called:
A) deflation.
B) cyclical stagnation.
C) structural stagnation.
D) stagflation.
Correct Answer:
Verified
Correct Answer:
Verified
Q88: The sum of the number of employed
Q89: Keynesians:<br>A)generally favor activist government policies.<br>B)generally favor laissez-faire
Q90: Classical economists are generally associated with:<br>A)laissez-faire.<br>B)their support
Q91: In the standard unemployment rate, discouraged workers
Q92: The laissez-faire policy prescription to eliminate unemployment
Q94: A structural stagnation is a:<br>A)business cycle with
Q95: In contrast to a recession in industrialized
Q96: "Classical economist" is often used interchangeably with
Q97: Refer to the graph shown. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7143/.jpg"
Q98: The longest business-cycle expansion in U.S. history