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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
High unemployment would NOT be considered a characteristic of a developed nation.
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Asked 3/23/2017 11:50:26 AM
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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During which of the following phases of the business cycle does the real GDP fall? A. trough B. expansion C. contraction D. peak
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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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Updated 3/19/2017 11:56:49 PM
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Minimum wage is a common example of price floors.
Added 3/19/2017 11:51:34 PM
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