An economic expansion rather than a recession Occurs A. When the unemployment rate is not changing. B. When the federal budget is balanced. C. When growth in real GDP is positive. D. When the unemployment rate falls below 5 percent.

An economic expansion rather than a recession Occurs A. When the unemployment rate is not changing. B. When the federal budget is balanced. C. When growth in real GDP is positive. D. When the unemployment rate falls below 5 percent.

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

An economic expansion
rather than a recession
Occurs
A. When the unemployment rate
is not changing.
B. When the federal budget is
balanced.
C. When growth in real GDP is
positive.
D. When the unemployment rate
falls below 5 percent.

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