Society’s understanding of the best ways to produce goods and services
Author: Anonymous
44. Unemployment that occurs because job seekers and employe…
44. Unemployment that occurs because job seekers and employers need time to find each other
Those 16 years of age and older who are either working or lo…
Those 16 years of age and older who are either working or looking for work
The number unemployed as a percentage of the labor force
The number unemployed as a percentage of the labor force
61. The economist who authored The General Theory (1936), a…
61. The economist who authored The General Theory (1936), arguing that governments in the future would have to practice fiscal and monetary policies was
When a nation is in the early stages of economic development…
When a nation is in the early stages of economic development, it is wise for that nation to invest its money in
Calculating GDP by adding up spending on all final goods and…
Calculating GDP by adding up spending on all final goods and services produced in the nation during a year
A sharp reduction in an economy’s total output accompanied b…
A sharp reduction in an economy’s total output accompanied by high unemployment lasting more than a year; a severe economic contraction
50. During the Great Depression, the year 1933 saw unemploy…
50. During the Great Depression, the year 1933 saw unemployment in the U.S. reach its peak at
The medical prefix Contra- means:
The medical prefix Contra- means: