Ans) the correct option is d) a contraction
Since the output is falling so the period is referred as recession or contraction.
C o uponiedzi Level of National Business Activity Time 50) 50) Refer to the above figure. The points between A and...
valable until you sign in again Part-time workers who want full-time work are counted as Multiple Choice ( ) fully employed, and therefore the official unemployment rate may overstate the level of unemployment unemployed, and therefore the official unemployment rate may overstate the level of unemployment. O fully employed, and therefore the official unemployment rate may understate the level of unemployment O c ) unemployed, and therefore the official unemployment rate may understate the level of unemployment. < Prev 40...
Question 42 5 pts Problem 2 a: Referencing the above business cycle graph, which of the following statements is correct? Regions 1, 2, & 3 of the graph represent Contraction, Recession, & Trough phases, respectively. Regions 4, 5, & 6 represent Recovery, Expansion, & Peak phases, respectively. Regions 7,8,& 9 represent the Long-term Growth Trend, Economic Activity, & Time, respectively. Regions 1, 2, & 3 of the graph represent Recession, Contraction, & Trough phases, respectively. Regions 4, 5, & 6...
The following questions refer to the figure below. At the start, the switch between points c and d is open as drawn on the figure. The battery is 5 V. At this time (switch open) the current measured at point a is 5 ma, and there is a 3 V difference between a and b. R2 is larger than R3.(A) What is the current at point d?(B) What is the voltage between points b and d?(C) What is the voltage...
Refer to the graph shown. Output Time A movement from points B to C represents a(n): Multiple Choice 10 1 o points trоugh. Skipped o o peak. o recession. О upturn.
1. Refer to figure above. Along SRPC2, expected inflation equals a. 6%.b. 5%.c. 4%.d. cannot be determined from the figure.2. Refer to figure above. The natural rate of unemployment occurs ata. U0.b. U1.c. U2.d. a level of zero unemployment.
A trough is __________. A) a transition from an expansion in the business cycle to the start of a contraction B) a transition from a contraction in the business cycle to the start of an expansion C) only something used by farmers to feed pigs and is not a term in investments D) none of the above An analyst starts by examining the broad economic environment and then considers the implications of the outside environment on the industry in which...
LAS Price AO Figure 3 SAS level Q QF Real GOP Refer to figure 3 above N) The economy is in a short run equilibrium at 01, which is to the left of OF (full employment level of real output). What is the mostly like concern of policy makers-- A Rising price levels B. An excess of externalities in the market C. High levels of unemployment 0. Crowding out as result of high budget defects 3. An overallocation of scarce...
Enlarge Image 1) What would be the BEST name for the area marked with the number 12 The Business Cycle A) Trough B) Recovery GDP o Depression D) Contraction Time 2) Based on the correct answer from the previous question, which of these would you expect to find in an economy in that phase of the business cycle? A) an expansion of credit by banks B) a monetary stimulus by the government slow growth in the overall national economy D)...
2.86 pts D Question 12 Figure A Figure 8 Figure C Figure D Refer to the figures above. Which of the figures show(s) a negative relationship between x and y? O Figure IB O Figure D O Figure C O Both Figure A and Figure B o Figure A