Services and unemployment rate are used to measure

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Reference no: EM131086094

1) Both the production of goods and services and the unemployment rate are used to measure? A. Business cycle B. productivy C. the interest rate D.inflation

2. In a simple circular-flow diagram, who buys the factors of production?

A. households only B. firms only C. Both households and firms D.neither households or firms

3. A production possibilities frontier shifts outward when

a. The economy experiences economic growth

b. the desires of the economy's residents change

c. natural disasters occur

d. oppurity cost increases

Reference no: EM131086094

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