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Define the term peak as it is used in economics. A. a point of an economic contraction B. the lowest point of an economic recession C. a steady depression D. the highest point of an economic expansion
Weegy: D. the highest point of an economic expansion Defines the term peak as it is used in economics. (More)
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Asked 2/24/2013 11:51:36 AM
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A state of living in which the people in a household make an insufficient amount of money annually to support themselves is called A. scarcity. B. underutilization. C. poverty. D. disability.
Weegy: b User: What do long increases in real GDP most often signify? A. economic decline B. a lateral economic shift C. economic stagflation D. economic growth Weegy: D. economic growth. The answer to your question is D. User: Define the term depression. A. a short contraction of the economy B. a lengthy period of stagflation C. a recession that is especially long and severe D. an economy that has dipped temporarily into a trough User: Keynes suggested that if _____ spend during a depression, they can revive a national economy. A. individuals B. governments C. businesses D. employees Weegy: The answer would be governments. Keynes suggest that if governments spend during a depression, they can revive a national economy. User: What would it signify if the population of a country remained the same while the real GDP increased? A. The economy is in decline. B. The population is growing. C. The population is declining. D. The economy is growing. Weegy: D. economic growth. The answer to your question is D.\ User: Define the term savings as it is used in economics. A. income that is not used for consumption B. money that is spent during a depression C. revenue that is stored for later consumption D. profit that is used for capital deepening Weegy: In Economics, Savings means revenue that is stored for later consumption. (More)
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Asked 2/24/2013 11:42:49 AM
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Businesses are most likely to grow during which of the following phases of the business cycle? A. expansion B. contraction C. trough D. recession User: Define the term poverty rate. A. the percent of those unemployed during a depression B. the number of poor people within an economy C. the rate at which people become poor in a recessed economy D. the percent of people who live in poverty during a single calendar year
Weegy: Poverty rate is: the percent of people who live in poverty during a single calendar year. User: Define the term inflation. A. a decrease in production B. a general increase in prices C. falling revenues D. the depletion of money Weegy: Inflation is the B. a general increase in prices (More)
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Asked 2/24/2013 11:49:43 AM
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