2. Which of the following statements is TRUE? A. The rate of change in inflation is used to assess whether an economy is
expanding or contracting.
B. Short-term ups and downs in the economy are known as financial downturn cycles.
C. During a recession, output and employment are increasing.
D. Business cycles are not always symmetric – the length of an expansion is not the same as the
length of a contraction

Using the smith's bbq report, the cost of wine for next week will increase by 2% from the current week. if all other cost of sales stays constant, what will be the approximate total cost of sales for next week?

Which of the following best explains why improvements in communication technology allow people to make better economic decisions? a. better communication makes it easier to get the information needed to come to a well-informed decision. b. improved communication devices make it more convenient for people to talk with each other while making decisions. c. reductions in waiting time that result from widely-available communication devices enable consumers to avoid making hasty decisions. d. faster communication allows consumers to avoid the information overload that makes decisions harder to make.

Include the presence of an appropriately-skilled labor pool and supporting industries,both of which can play an important role in foreign direct investment decisions