The Business Cycle Answers

To help encourage economic growth, a country can

Which describes a factor that limits economic growth?

The map shows GDP per capita in the United States for a given year.What conclusion can someone draw from the map?

These circle graphs show information about Bolivia’s workforce and GDP.Which statement summarizes the information on these graphs?

Which unemployment rate do most economists consider to be acceptable in the United States?

This graph shows changes in GDP and the unemployment rate in the United States in recent years.In what year would someone looking for work have had the hardest time finding a job?

This graph shows merchandise export data for the years 2010 through 2012.Which statement most accurately describes the information presented on the graph?

The graph shows data for the years 2010 through 2012.Which might be a better title for this graph?

When economists determine that a nation’s GDP has declined, they can point to this as a sign of

Jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. Which terms can be used to describe Jim? Select two options.cyclically unemployeddomestically unemployedfrictionally unemployedstructurally unemployedstill employedunemployed