Which of the following put regulations on banks?
Social Security Act 1935
The Great Depression
Which model is used to make future predictions on the performances of an economy?
None of these answers
Which is used to predict changes in the business cycle?
________ occurs when consumers try to buy all of the goods and services which causes an excessive demand.
Economists use the term __________ in describing an economy experiencing inflation at the same time as its resources are heavily underutilized. This also occurred during 1979–1981.
___________ describes the status of workers who have left one job and are soon likely to find another.
Unemployment that follows the business cycle by increasing during recessions and decreasing during periods of recovery is called ___________.
Cost-push is most likely to occur in those industries in which management or labor is so strong that it can dictate prices.
________ is caused by changes in the nature or location of employment opportunities.
The trough is the highest point in the mutability of the business cycle.