During the downturn portion of a business cycle, the economy is characterized by (a) rising unemployment and rising investment (b) falling unemployment and falling output (c) rising profits and falling wages (d) falling output and rising unemployment

During the downturn portion of a business cycle, the economy is characterized by (a) rising unemployment and rising investment (b) falling unemployment and falling output (c) rising profits and falling wages (d) falling output and rising unemployment
by

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Answer :

(d) falling output and rising unemployment 
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The field of economics that is now called Macroeconomics grew out of the era of the Great Depression, which saw the economy experience a prolonged downturn and persistent high unemployment. Classical economics could not explain these problems because its models assumed all of the following EXCEPT (a) prices are flexible ; (b) recessions were self correcting (c) wages would adjust in the labor market, thereby eliminating unemployment (d) the government should intervene in the economy

Description : The field of economics that is now called Macroeconomics grew out of the era of the Great Depression, which saw the economy experience a prolonged downturn and persistent high unemployment. ... the labor market, thereby eliminating unemployment (d) the government should intervene in the economy

Last Answer : (d) the government should intervene in the economy 

The Keynesian productivity deal……… (a) called for the active intervention of the state to stimulate growth in productivity and output (b) linked increases in wages to increases in productivity so that wages and profits could both rise (c) linked increases in wages to increases in productivity so that wages and profits could both rise (d) all of the above

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Last Answer : (d) all of the above 

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

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Last Answer : depression

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

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Natural rate of unemployment increases due to A. General downturn in business activity B. Changes in labor market C. Structural changes in economy D. Frequent changes of jobs by labor

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Last Answer : D. Frequent changes of jobs by labor

Natural rate of unemployment increases due to (a) General downturn in business activity ; (b) Changes in labor market ; (c) Structural changes in economy ; (d) Frequent changes of jobs by labor

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Last Answer : (d) Frequent changes of jobs by labor

Stagflation refers to a situation which is characterized by - (1) stagnant employment and deflation (2) deflation and rising unemployment (3) inflation and rising employment. (4) inflation and rising unemployment

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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.

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Unemployment that arises when there is a general downturn in business activity is known as (a) Frictional unemployment ; (b) Structural unemployment; (c) Cyclical unemployment ; (d) Disguised unemployment

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What a period called when there business activity slows down prices and wages falls and unemployment rises?

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Like the upcoming movie, do you enjoy shopping, and have you had to restrain yourself recently due to the downturn of the economy?

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I have always prided myself for having perfect credit, but the recent downturn in the economy and unexpected medical expenses have no changed that. I don't want to file bankruptcy, but am way behind on payments. What are my options?

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. A Local Authority is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget? (a) Capital cost of a new collection vehicle (b) Depreciation of the machinery (c) Operatives wages (d) Fuel for the collection Vehicles

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They pay a dividend to their employee and deposit the dividend in a for-profit interest-bearing bank. What is the ruling ? I work in an aluminum factory in Canada. At the end of each year the company pays employees a portion of the profits. They pay employees a portion of the cash. Another part is c

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Last Answer : Alhamdulillah. The portion that the company pays at the end of each year is a portion of the employee's remuneration and salary. Since this money is kept separately in a specific account for the employee ... part. Will try to determine the amount of haram part as much as possible. GOD is Omniscient.

7. Which of the following statements is/are true? a. Business Investment Spending occurs when individuals buy stock in the stock market b. Productivity is the United States grew very slowly between 1973 and 1996 c. Because of discouraged workers, the official unemployment rate is too high d. “Full employment” occurs when there is no frictional unemployment

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