Stagflation occurs when the economy experiences ?
A. rising prices and rising output
B. rising prices and falling output
C. falling prices and falling output
D. falling prices and rising output
A. rising prices and rising output
B. rising prices and falling output
C. falling prices and falling output
D. falling prices and rising output
A. 3.1 percent
B. 3.0 percent
C. 18.6 percent
D. 18.0 percent
A. Involuntary unemployment
B. Cyclical unemployment
C. Voluntary unemployment
D. A fall in aggregate demand
A. Horizontal
B. Vertical
C. Downward Sloping
D. Upward Sloping
A. based on an alliance between landowners and peasants
B. based on an alliance between peasants and the foreign bourgeoisie
C. transferred from one elite to another when revolution occurs
D. derived from domestic opponents of nationalism
A. Wheat
B. Rice
C. Gram
D. None of these
A. Usually made of wood and plastic
B. built with assumptions.
C. useless if they are simple.
D. created to duplicate reality.