which of the following is not a situation involving external shock? a) consumers reduce spending because they fear that their nation is going to war. b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. c) consumers reduce spending on expensive goods because the country has gone to war. d) consumers pay high prices for corn becasue of a severe drought.

Question and answer

Question

Asked 11/12/2010 9:18:42 AM

Updated 8/25/2021 2:15:23 PM

1 Answer/Comment

Get an answer

Search for an answer or ask Weegy.

Original conversation

User: which of the following is not a situation involving external shock? a) consumers reduce spending because they fear that their nation is going to war. b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. c) consumers reduce spending on expensive goods because the country has gone to war. d) consumers pay high prices for corn becasue of a severe drought.

Weegy: b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil.
Expert answered|Luketf|Points 135|

User: what is a steady, long-term increase in real GDP referred to as? a) recession b) peak c) economic growth d) depression

Question

Asked 11/12/2010 9:18:42 AM

Updated 8/25/2021 2:15:23 PM

1 Answer/Comment

New answers

Rating

Wallet.ro

Economic growth is a steady, long-term increase in real GDP.

Added 8/25/2021 2:15:23 PM

This answer has been confirmed as correct and helpful.

Comments

There are no comments.

Add an answer or comment

Questions asked by the same visitor

what is the difference between a recession and a depression? a) unlike a recession, depression includes high levels of inflation. b) a recession is a period of economic growth while a depression is a period of economic contraction. c) a recession is more severe than a depression and lasts longer. d) a depression is a particularly deep resession with high levels of unemployment.

Weegy: The answer is D. a depression is a particularly deep resession with high levels of unemployment. Reference: (More)

Question

Expert Answered

Updated 1/17/2023 12:23:29 AM

1 Answer/Comment

Aj25

Depression is a particularly deep resession with high levels of unemployment is the difference between a recession and a depression.

Added 1/17/2023 12:23:24 AM

This answer has been confirmed as correct and helpful.

Which of the following is an example of a nondurable good? a) a paperback book b) a used car c) a washing machine d) a new car

Weegy: A paperback book is an example of a nondurable good. (More)

Question

Expert Answered

Updated 8/15/2019 9:18:36 AM

0 Answers/Comments

which of the following is not a reason that capital deeping is an important source of eonomic growth? a) more investment funds are made available to businesses b) enhanced training pregrams improve the productivity or workers c) investment in human capital causes workers to be more valuable to emplyers d) more physical capital improves efficiency and productivity

Weegy: b) enhanced training pregrams improve the productivity or workers (More)

Question

Expert Answered

Updated 7/29/2024 1:23:48 PM

1 Answer/Comment

Cliff:

The following is not a reason that capital deeping is an important source of economic growth investment in human capital causes workers to be more valuable to employers.

Added 7/29/2024 1:23:44 PM

This answer has been confirmed as correct and helpful.

____ occurs when the amount of capital per worker increases? a) recession b) aggragate supply c) gross domestic product d) capital deepening

Weegy: D. Capital deepening occurs when the amount of capital per worker increases. See: (More)

Question

Expert Answered

Updated 310 days ago|2/4/2025 2:23:10 PM

0 Answers/Comments

What is a business cycle? a) a dangerous time for all businesses b) the amount of time it takes businesses to produce its products. c) a period of increased economic growth d) a period of economic growth followed by economic contraction

Weegy: A business cycle is a period of economic growth followed by economic contraction. (More)

Question

Expert Answered