4 and 5 Part IV. Economic Indicators - (Recession, Inflation, Depression, Hyperinflation) Read thescenario below and insert its correct economic indicator. One of the choices will be used twice.1. An extended period of time that makes it hard for the economy to recover. Le. StockMarket Crash2. Temporary downturn in the economy that results in the cutting of incomes, which makesbusinesses to cut jobs and reduce investments.3. A cup of coffee cost .25 in 1970 is now $3.60 in 2020.4. Price of 1 kilo potatoes on Tuesday is 36dhs. Same kilo of potatoes is 60dhs on Friday.When prices rise more than 50% in a month.5. The impact on people with fixed incomes and those who save money is high.

Economics is the study of how the scarce resources of society are exploited. It is a social science…

4. Price of 1 kilo potatoes on Tuesday is 36dhs. Same kilo of potatoes is 60dhs on Friday. When prices rise more than 50% in a month. 5. The impact on people with fixed incomes and those who save money is high.

4. Price of 1 kilo potatoes on Tuesday is 36dhs. Same kilo of potatoes is 60dhs on Friday. When prices rise more than 50% in a month. 5. The impact on people with fixed incomes and those who save money is high.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

4 and 5

Part IV. Economic Indicators - (Recession, Inflation, Depression, Hyperinflation) Read the
scenario below and insert its correct economic indicator. One of the choices will be used twice.
1. An extended period of time that makes it hard for the economy to recover. Le. Stock
Market Crash
2. Temporary downturn in the economy that results in the cutting of incomes, which makes
businesses to cut jobs and reduce investments.
3. A cup of coffee cost .25 in 1970 is now $3.60 in 2020.
4. Price of 1 kilo potatoes on Tuesday is 36dhs. Same kilo of potatoes is 60dhs on Friday.
When prices rise more than 50% in a month.
5. The impact on people with fixed incomes and those who save money is high.

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