Please give just answer. There is noneed to explain.i. If a country experiences high GDP and inflation, followed by a lower GDPand deflation, this is an example ofO UnemploymentO RecessionO the Business CycleO Supply and DemandO None of the aboveji. What causes inflation?O People don't have enough moneyO People have too much moneyO People have too much money and many businesses want some of that moneyPeople owe a lot of moneyThe government causes inflation by raising interest ratesiii. The Water and Diamond Paradox explains:Why supply and demand always meets in the middle of a graphO Marginal utility of diamondsO Why water is inexpensive while diamonds are so expensiveO Why water is so expensive while diamonds are inexpensiveO None of the aboveiv. The unemployment rate is:O The number of people who don't want to workThe number of people who are working but don't want to workThe number of people who don't want to work and are not workingThe number of people who want to work but are not employed.O None of the aboveO O OO O O OO OO O

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i. If a country experiences high GDP and inflation, followed by a lower GDP and deflation, this is an example of Unemployment Recession the Business Cycle Supply and Demand None of the above

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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Question

Please give just answer. There is no
need to explain.
i. If a country experiences high GDP and inflation, followed by a lower GDP
and deflation, this is an example of
O Unemployment
O Recession
O the Business Cycle
O Supply and Demand
O None of the above
ji. What causes inflation?
O People don't have enough money
O People have too much money
O People have too much money and many businesses want some of that money
People owe a lot of money
The government causes inflation by raising interest rates
iii. The Water and Diamond Paradox explains:
Why supply and demand always meets in the middle of a graph
O Marginal utility of diamonds
O Why water is inexpensive while diamonds are so expensive
O Why water is so expensive while diamonds are inexpensive
O None of the above
iv. The unemployment rate is:
O The number of people who don't want to work
The number of people who are working but don't want to work
The number of people who don't want to work and are not working
The number of people who want to work but are not employed.
O None of the above
O O O
O O O O
O O
O O

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