Deflation is a general rise in the level of prices. True False QUESTION 14 The consumer price index (CP) measures prices that producers receive for their finished goods. True False QUESTION 15 True A recession occurs when a nation's GDP declines for five (5) or more consecutive quarters False QUESTION 16 The trough is the phase of the business cycle when the increase in the GDP is at its highest point and unemployment is relatively very low Thu QUESTION 17 When a nations more than the ones which in the ration has a budget surplus Remaining Time: 51 minutes, 58 seconds. Welcome, Manme... a prime video Question Completion Status: QUESTION 16 The trough is the phase of the business cycle when the increase in the GDP is at its highest point and unemployment is relatively very low. O True False QUESTION 17 When a nation spends more than the revenues which it takes in the nation has a budget surplus True False QUESTION 18 A nation's annual budget deficit (assuming that it has an annual budget deficit will always equal the cont True False QUESTION 19 in attempting to manage the national economy, the federalement True False Question Completion Status: QUESTION 48 Which of the following consumer rights were part of the original Consumer Bit of Rights as declared by President Kennedy? O A. The right to safety OB. The right to service. OC. The right to be heard. OD. Both A and above. QUESTION 49 Which of the following is a notariff barrier to trade? A An import duty OB. Aimposed on a particular foreign product entering the country OC Animport quota OD. Both A and L QUESTION 50 which the reasons against trade restrictions? O A Too balance of payments Oh. To co work industries