Podcast
Questions and Answers
Which phase of the business cycle is characterized by rising unemployment and falling economic output?
Which phase of the business cycle is characterized by rising unemployment and falling economic output?
- Expansion
- Peak
- Trough
- Contraction (correct)
According to INEGI, investment is the sum of
According to INEGI, investment is the sum of
- Inventory and Investment (correct)
- Investment only
- Inventory and Imports
- Imports and Investment
Which one represents that firms are producing more than what is demanded?
Which one represents that firms are producing more than what is demanded?
- Y < AD
- Y < AD - IU
- IU = Y - AD
- Y > AD (correct)
Which one represents that firms have a reduction in inventory?
Which one represents that firms have a reduction in inventory?
Which of the following is NOT considered one of the three primary macroeconomic goals?
Which of the following is NOT considered one of the three primary macroeconomic goals?
According to the business cycle, what happens when a population grows?
According to the business cycle, what happens when a population grows?
What does the aggregate demand curve show?
What does the aggregate demand curve show?
Which concept describes better the price inflation?
Which concept describes better the price inflation?
Which phase of the business cycle is characterized by rising unemployment and falling economic output?
Which phase of the business cycle is characterized by rising unemployment and falling economic output?
What does the measure of inequality between men and women across different aspects like health and education represent?
What does the measure of inequality between men and women across different aspects like health and education represent?
