The phase in the business cycle is a period when the level of business activity declines and gdp falls.

a. expansion
b. peak
c. contraction
d. trough

About 300 billion dollars in taxes is lost in the united states alone due to an underground economy, which involves paying individuals cash rather than having them on the official payroll. a. true b. false

Danilo has been working for metropolitan taxi for three months. he expected that his job would be to drive around the city, pick up fares, and drop them off at their desired locations, but in his first few days on the job he realized that the job entails much more. he must keep his taxi cab clean and neat, and some days he will be stationed at the shop and go to people's houses to pick them up and bring them to the local airport. within a few months, he has learned that taxi drivers often express frustration with the people they call "civilians"—that is, non–taxi drivers, whose driving skills they complain about incessantly. in his first few months on the job, describes what danilo is undergoing.

Intelligence tests are often used to predict a person's future ability to perform in a school setting. alfred binet's initial purpose for developing intelligence testing was to aid students in getting the remedial they may have needed in elementary school. which of the following measures is the best criterion for evaluating the predictive validity of intelligence testing? act school attendance school grades sat job placement