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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 ... (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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