Multiple Choice
An economic expansion rather than a recession occurs
A) when the federal budget is balanced.
B) when the unemployment rate falls below 5 percent.
C) when growth in real GDP is positive.
D) when the unemployment rate is not changing.
Correct Answer:
Verified
Correct Answer:
Verified
Q184: The income approach measures GDP by adding
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Q186: In the calculation of gross domestic product
Q187: In the circular flow diagram, aggregate expenditure
Q188: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q190: Net exports of goods and services equal
Q191: Which of the following is included in
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Q193: Define and distinguish between final goods and
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