Multiple Choice
A short period of falling incomes and rising unemployment is called a
A) depression.
B) recession.
C) expansion.
D) business cycle.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following explains why production
Q16: The aggregate supply curve is upward sloping
Q46: Which of the following shifts aggregate demand
Q74: Other things the same,when the price level
Q120: Other things the same,as the price level
Q135: Other things the same,as the price level
Q164: Policymakers who control monetary and fiscal policy
Q220: Suppose the economy is in long-run equilibrium.If
Q223: Other things the same,a fall in the
Q228: Suppose the economy is in long-run equilibrium.Senator