Business Middle School

Q: Full employment GDP suggests WHAT type of relationship between unemployment and inflation?

A.They are always equal
B. They move in opposite directions
C. They move in the same direction
D. They always work together to produce expansion

Answers

Answer 1

Answer: D

Explanation:

Answer 2
The answer is D they always work together to produce expansion

Related Questions

Q: An economist is presented with a report that presents the total value of production, adjusted for inflation. What value are they MOST likely examining?

A. Real output
B. Discount rate
C. Interest rate
D. Origination fee

Answers

Answer: B

Explanation:

your answer would be B :)

Q: A teacher presents a flowchart to her class representing the business cycle. Which of these IS MOST likely to be part of her presentation?

A. Healthcare expenses
B. Both expansion and recession
C. Recession
D. Expansion

Answers

Answer:

B. Both expansion and recession

Explanation:

A recession is the period between a peak of economic activity and its subsequent trough, or lowest point. Between trough and peak, the economy is in an expansion. Expansion is the normal state of the economy; most recessions are brief.In economics, stagflation or recession-inflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, si

What happens to inflation during a recession? Historically, when the economy has slowed, inflation appears to remain high. But as a recession sets in, inflation will begin to fall. This can occur after a quarter or two of economic contraction, said Saman ance actions intended to lower inflation may exacerbate unemployment.

c. recession will be the most likely to be part of her presentation
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