Short term contractions and expansions in economic activity are called _____ (1) Expansions (2) Recession (3) Deficits (4) The business cycle

1 Answer

Answer :

The business cycle

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Description : Short term contractions and expansions in economic activity are called (1) Expansions (2) Recession (3) Deficits (4) The business cycle

Last Answer : (4) The business cycle Explanation: The business cycle is the fluctuation in economic activity that an economy experiences over a period of time. It is basically defined in terms of periods ... incomes. During recessions, the economy contracts, as measured by decreases in the above indicators.

Description : A period of expansion and contraction measured by real GDP is called (a) Business cycle (b) Expansion © Recession (d) Contraction

Last Answer : (a) Business cycle

Description : Beyond a certain point deficit financing will certainly lead to - (1) inflation (2) deflation (3) recession (4) economic stagnation

Last Answer : (1) inflation Explanation: Deficit financing is a practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds ... increasing the money supply and the purchasing power of the people which increases the aggregate demand.

Description : Beyond a certain point deficit financing will certainly lead to (1) inflation (2) deflation (3) recession (4) economic stagnation

Last Answer : inflation

Description : A period of expansion of business activity is called 1. depression 2. recession 3. slump 4. boom 5. None of these

Last Answer : boom

Description : Disguised unemployment means: A. Unemployment in agriculture B. Unemployment due to recession C. Unemployment due to downturn in business activity D. Marginal Productivity of Labor (MPL) is zero.

Last Answer : C. Unemployment due to downturn in business activity

Description : The external environment factor that includes: Factors that have a less immediate effect on a business such as the nation's rate of inflation or recession, unemployment rate, or standard of living, is ... ; (b) Sociological factors ; (c) Indirect economic factors ; (d) Direct economic factors

Last Answer : ; (c) Indirect economic factors ;

Description : Disguised unemployment means (a) Unemployment in agriculture ; (b) Unemployment due to recession ;(c) Unemployment due to downturn in business activity ; (d) Marginal Productivity of Labor (MPL) is zero.

Last Answer : ;(c) Unemployment due to downturn in business activity ;

Description : A period during which trade expands, then slows down and then expands again is called 1. Business Recession 2. Boom 3. Slump 4. Trade Cycle 5. None of these

Last Answer : Trade Cycle

Description : The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is ? 1. recovery 2. prosperity 3. depression 4. recession 5. growth

Last Answer : depression

Description : The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is: A)recovery B)prosperity C)depression D)recession E)growth

Last Answer : C)depression

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Description : Focal neurological deficits?

Last Answer : DefinitionA focal neurologic deficit is a problem in nerve, spinal cord, or brain function that affects a specific location, such as the left face, right arm, or even a small area such as ... muscle tone, loss of muscle tone, or involuntary movements (such as tremor)Sensation changes include par

Description : If 20% or more area of the country suffers from rain deficits during monsoon season. It is termed as – (1) flood year (2) drought year (3) famine year (4) self sufficient year

Last Answer : (2) drought year Explanation: According to Indian Meteorological Department. when the rainfall deficiency for the country as a whole is more than 10% of normal and more than 20% of the country' ... by drought conditions (rainfall deficit), the situation is defined as an all-India drought year.

Description : A patient has had neurologic deficits lasting for more than 24 hours, and now the symptoms are resolving. The nurse concludes that the patient has had which type of stroke? a) Reversible ... and symptoms have stabilized with no indication of further progression of the hypoxic insult to the brain.

Last Answer : a) Reversible ischemic neurologic deficit With a reversible ischemic neurologic deficit, the patient has more pronounced signs and symptoms that last more than 24 hours; symptoms resolve in a matter of days without any permanent neurologic deficit.

Description : Under the historic adjustable pegged exchange-rate system, member countries were permitted to correct persistent and sizable payment deficits (i.e., fundamental disequilibrium) by: A. Officially ... depreciate in the free market D. Allowing their currencies to appreciate in the free market

Last Answer : B. Officially devaluing their currencies

Description : Under the historic adjustable pegged exchange-rate system, member countries were permitted to correct persistent and sizable payment deficits (i.e., fundamental disequilibrium) by: A. Officially ... depreciate in the free market D. Allowing their currencies to appreciate in the free market

Last Answer : B. Officially devaluing their currencies

Description : Is it possible to keep the ecomomy at constant growth or are we always doomed to a recession?

Last Answer : I believe everything in life is cyclical so there will always be recessions. The difference is the way we approach them to determine how long they will last.

Description : Are we in a double dip recession here in the US?

Last Answer : answer:No. The economy is still growing, just not very rapidly. The technical definition of a recession is two straight quarters of GDP shrinkage. The latest numbers on GDP growth, jobs and trade ballance are ... and somehow think that porsperity will come to us as long as we do nothing to help it.

Description : Will we have a double dip recession in 2010?

Last Answer : answer:There are many who refuse to believe that we have had a recession, but considering that many companies have figured out how to make a profit without hiring and the true extent of unemployment ( ... still tend to head downwards. But as long as the CEOs are collecting record bonuses, who cares?

Description : If there is a global recession then why do all companies just not cut prices?

Last Answer : The problem is that it's the companies which are losing money, which is why employees' income is being reduced and people are losing their jobs. If the companies cut their profits, more ... more expensive things which will cause other companies to lose money. It's a downward-spiral unfortunately.

Description : Why would you call this a recession/depression?

Last Answer : We are not currently in a recession, but we will likely soon be if we don’t regain some faith in the market.

Description : Stagflation is a situation of - (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery

Last Answer : (3) stagnation and inflation Explanation: Stagflation is a situation of stagnation in which the inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high. Stagflation occurs ... t growing but prices are, which is not a good situation for a country to be in

Description : When too much money is chasing too few goods, the situation is - (1) deflation (2) inflation (3) recession (4) stagflation

Last Answer : (2) inflation Explanation: Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and ... few goods", since only money that is spent on goods and services can cause inflation.

Description : One of the main factors that led to rapid expansion of Indian exports is - (1) Imposition of import duties (2) Liberalization of the economy (3) Recession in other countries (4) Diversification of exports

Last Answer : (4) Diversification of exports Explanation: India has rapidly diversified its exports markets from the traditional export partners towards emerging and developing economies. This has played a crucial ... export markets can be noted from the narrowing dependence on selected economies for exports.

Description : When too much money is chasing too few goods, the situation is - (1) Deflation (2) Inflation (3) Recession (4) Stagflation

Last Answer : (2) Inflation Explanation: Inflation occurs when too much money is chasing too few goods. The prevailing view in mainstream economics is that inflation is caused by the interaction of the supply of ... prices is a result from an increase in the supply of money by central banking authorities.

Description : What happens when there is a demand deficiency in an economy? (1) Poverty (2) Stagnation (3) Recession (4) Inflation

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Description : Capacity utilization - (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : (3) is a measure of the proportional of the existing capital stock used for current production. Explanation: Capacity utilisation refers to the extent or level to which the productive capacity of a ... as a percentage, it is computed by dividing the total capacity with the portion being utilized.

Description : 8. Immediately after a trough, we would expect to have a/an a. peak b. recession c. recovery

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Description : The phase of gradual fall in income, output and employment is a. Boom b. Recession c. Depression d. Recovery

Last Answer : b. Recession Boom, recession, depression and recovery are the phases of a business cycle. In this phase, business activity is in low gear.

Description : One of the main factors that led to rapid expansion of Indian exports is (1) Imposition of import duties (2) Liberalisation of the economy (3) Recession in other countries (4) Diversification of exports

Last Answer : Diversification of exports 

Description : Stagflation is a situation of (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery

Last Answer :  stagnation and inflation

Description : When too much money is chasing too few goods, the situation is (1) deflation (2) inflation (3) recession (4) stagflation

Last Answer : inflation

Description : What happens when there is a demand deficiency in an economy? (1) Poverty (2) Stagnation (3) Recession (4) Inflation

Last Answer : Stagnation

Description : Capacity utilisation (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : is a measure of the proportional of the existing capital stock used for current production.

Description : Is the prevalence of zombies in popular culture related to the economic recession?

Last Answer : As far as horror movies go, zombies started getting a lot of attention again in the early 00's, when movies and remakes would come forth like mad. I saw this lasting pretty much until now, and I figured it ... 's beyond me. I just like zombies, and I liked them years before they ' were cool again''.

Description : How is the gold price affected by the economic recession?

Last Answer : Normally, during a recession, people lose confidence in the currency and instead try to secure their investments by purchasing gold. This drives up the gold prices. When the value of stocks, shares, ... into gold. Gold has long been considered as a safe investment choice and does not lose value.

Description : Which of the following would not constitute an economic activity in Economics? (1) A teacher teaching students in his college (2) A teacher teaching students in a coaching institute (3) A teacher teaching his own daughter at home (4) A teacher teaching students under Sarva Shiksha Abbiyan Scheme

Last Answer : (3) A teacher teaching his own daughter at home Explanation: Economic activity, is quite simply, the activity of the economy. It includes the growth and shrinkage of the economy and all factors ... indicators. A teacher teaching his daughter at home is the example of a non-economic activity.

Description : Which of the following is not an economic activity? (1) A labourer working in a factory. (2) A CRPF jawan guarding country’s borders. (3) A teacher teaching his own son. (4) A farmer tilling his own land.

Last Answer : (3) A teacher teaching his own son. Explanation: An activity which is done with the aim of monetary return is called an economic activity, while an activity which is not done with the aim of ... he is doing economic activity. When the same teacher teaches his son, he is doing non-economic activity.

Description : Which one of the following would not constitute an economic activity? (1) A teacher teaching students in his class (2) A teacher teaching students under Sarva Shiksha Abhiyan (3) A teacher teaching his own daughter at home (4) A teacher providing consultancy services from his residence

Last Answer : (3) A teacher teaching his own daughter at home Explanation: Economic activities are related to production, distribution, exchange and consumption of goods and services. The primary aim of ... called noneconomic activities." Here, there is no monetary consideration in exchange for such activities.

Description : Which of the following is not an economic activity ? (1) A labourer working in a factory. (2) A CRPF jawan guarding country’s borders. (3) A teacher teaching his own son. (4) A farmer tilling his own land.

Last Answer : A teacher teaching his own son.

Description : Which of the following would not constitute an economic activity in Economics ? (1) A teacher teaching students in his college (2) A teacher teaching students in a coaching institute (3) A teacher teaching his own daughter at home (4) A teacher teaching students under Sarva Shiksha Abbiyan Scheme

Last Answer : A teacher teaching his own daughter at home

Description : Which one of the following would not constitute an economic activity ? (1) A teacher teaching students in his class (2) A teacher teaching students under Sarva Shiksha Abhiyan (3) A teacher teaching his own daughter at home (4) A teacher providing consultancy services from his residence

Last Answer : A teacher teaching his own daughter at home

Description : Surplus earned by a factor other than land in the short period of referred to as- (1) economic rent (2) net rent (3) quasi-rent (4) super-normal rent

Last Answer : (3) quasi-rent Explanation: Quasi-rent is the surplus which is received in the short period because of demand exceeding the supply by the man made factors besides land. It is an analytical term ... opportunity cost is defined as the current income minus the income available in the next best use.

Description : Surplus earned by a factor other than land in the short period of referred to as (1) economic rent (2) net rent (3) quasi-rent (4) super-normal rent

Last Answer : quasi-rent

Description : _____ occurs with economic downturns in the economic cycle. -General Knowledge

Last Answer : Cyclical unemployment occurs with economic downturns in the economic cycle.

Description : Is there a rule of thumb in English for which of two equivalent contractions to use [see examples]?

Last Answer : no rule that I can remember. The contraction at the front of the sentence tempts me to guess that you’re an engineer or technical writer. Funny, but I don’t think it would occur to me to state “I’ve not” instead of “I haven’t”. Are you fluent in other languages?