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Deflation has occurred in the United States.
a. unspent consumer income
b. creditors
c. certificate of deposit rate
c. labor force
d. business cycle
c. $545
budget surplus
True
All people above 16 who are actively working or seeking work make up the ________.
a. unspent consumer income
b. creditors
c. certificate of deposit rate
c. labor force
d. business cycle
c. $545
budget surplus
True
Consumer debt includes each of the following except ________.
a. unspent consumer income
b. creditors
c. certificate of deposit rate
c. labor force
d. business cycle
c. $545
budget surplus
True
When you purchase a corporate bond, you become one of the corporation's ________.
a. unspent consumer income
b. creditors
c. certificate of deposit rate
c. labor force
d. business cycle
c. $545
budget surplus
True
The recurring ups and downs of gross domestic product (GDP) in an economy is called the ________.
a. unspent consumer income
b. creditors
c. certificate of deposit rate
c. labor force
d. business cycle
c. $545
budget surplus
True
A ________ occurs when a government spends less than it takes in.
a. unspent consumer income
b. creditors
c. certificate of deposit rate
c. labor force
d. business cycle
c. $545
budget surplus
True
If the inflation rate was 3 percent in each of the past three years, products that cost $500 three years ago would now cost approximately ________.
a. unspent consumer income
b. creditors
c. certificate of deposit rate
c. labor force
d. business cycle
c. $545
budget surplus
True
If you want to save money at a savings institution, you would be most interested in the ________.
a. unspent consumer income
b. creditors
c. certificate of deposit rate
c. labor force
d. business cycle
c. $545
budget surplus
True
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