MAY YOU GUYS HELP ME ON THIS PLEASE!!!!!, THIS IS DUE IN 30 MINUTES.
1.) Most economic issues are unrelated to other economic issues; for example, inflation has no effect on pricing.
True
False
2.) The economy grows at an even rate at all times.
True
False
3.) When the production of goods increases, the business cycle is contracting.
True
False
4.) The goals of the New Deal were relief, recovery, and reform.
True
False
5.) The different parts of the economy are all independent; if one changes, the others will remain the same.
True
False
6.) People who are unemployed are jobless, looking for jobs, and available for work.
True
False
7.) If 100 people in a town of 1,000 people are unemployed, the unemployment rate is 25%.
True
False
8.) Cost–push inflation refers to a situation where demand is greater than supply.
True
False
9.) Economic indicators are studied to identify trends, such as an increase in pricing in an industry or a decrease in production over time.
True
False
10.) The GNP measures the total market value of everything produced by a country, while the GDP measures the value of everything produced within a country.
