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During which of the following phases of the business cycle does the real GDP fall? A. trough B. expansion C. contraction D. peak
Contraction is business cycle when the real GDP falls.
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Asked 3/18/2017 1:09:40 PM
Updated 3/18/2017 2:13:05 PM
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Contraction is business cycle when the real GDP falls.
Added 3/18/2017 2:13:05 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/18/2017 3:06:05 PM]
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"Voluntary exchange" means A. to participate in economic exchange of your own free will. B. to agree to participate in economic exchange for no profit. C. to be forced to participate in economic exchange. D. to be selected by others to partake in economic exchange.
Question
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Updated 3/14/2017 9:20:50 AM
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"Voluntary exchange" means to participate in economic exchange of your own free will.
Added 3/14/2017 9:20:50 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [3/14/2017 12:31:05 PM]
Economists who study macroeconomics are concerned with all of the following EXCEPT A. the gross domestic product (GDP). B. the business cycle. C. the purchases of a single individual. D. assessing economic trends and practices of the aggregate.
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Updated 3/15/2017 9:52:52 AM
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Economists who study macroeconomics are concerned with all of the following EXCEPT: the purchases of a single individual.
Added 3/15/2017 9:52:52 AM
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Confirmed by yumdrea [3/15/2017 10:13:19 AM]
Define the term depreciate. A. to remain at a constant value B. to lose value over time C. to increase in value D. to lose value and then increase in value
Weegy: Depreciate means to reduce the purchasing value of (money). User: The aggregate demand curve shows the graphical relationship between the aggregate price level and the A. supply available. B. market quantity of goods and services. C. aggregate quantity demanded. D. total goods and services produced. (More)
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Updated 3/15/2017 10:15:55 AM
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Depreciate means: to lose value over time.
Added 3/15/2017 10:15:55 AM
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Book reviews are A. only prepared by authors in the same field. B. mostly found in professional literature journals. C. only prepared for books written in the genre of fiction. D. often found in newspapers and magazines.
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Updated 3/12/2017 11:13:27 AM
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Book reviews are often found in newspapers and magazines.
Added 3/12/2017 11:13:27 AM
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Confirmed by jeifunk [3/13/2017 2:40:10 AM]
Which of the following would NOT be considered a characteristic of a developed nation? A. high per capita GDP B. high consumer spending C. high industrialization D. high unemployment
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Updated 3/23/2017 12:16:55 PM
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High unemployment would NOT be considered a characteristic of a developed nation.
Added 3/23/2017 12:16:55 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/23/2017 12:39:53 PM]
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