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What was a steep drop in economic activity combined with rising unemployment?
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Is a period of low economic activity and rising unemployment?
economic depression
Which of these describes the economic recovery period in the business cycle?
Economic activity is rising above the point of the previous peak.
Stagfation was an economic term referring to?
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
What was traditionally Mexico important economic activity?
Mining and livestock rising.
What is a period of low economic activity and rising unemployment called?
If it's a short downturn or slowdown during a business cycle, it's a recession. If it's a longer, sustained and more severe downturn, it's a depression.
What is the likely result of deflation a. economic growth b. high unemployment c. rising prices d. high tax rates?
b. high unemployment
Economic term for an economy with rising inflation and unemployment?
This is called inflation or more precisely "price inflation".
What effect did fords economic policy have fallen n the economy?
Inflation went down due to spending cuts, but unemployment remained high under Ford's economic policy.
What is economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Fewer jobs are available and unemployment is rising during a?
recession
