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.

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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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2) A & B
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