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Increased unemployment insurance claims during times of an economic downturn is an example of a ( n ) : automatic stabilizer at work. contractionary fiscal

Increased unemployment insurance claims during times of an economic downturn is an example of a(n):

automatic stabilizer at work.

contractionary fiscal policy.

incentive to leave jobs.

strong economic recovery.

The average rate of growth for slow-growth countries is around 2% per year, and for fast-growth, greater than 5% per year.

Suppose the growth rate of the economy is 2%. The size of the economy roughly doubles every

35 years.

5 years.

10 years.

20 years.

50 years or more.

If instead the growth rate is 7%, the doubling time for the economy is

50 years or more.

5 years.

10 years.

The average rate of growth for slow-growth countries is around 2% per year, and for fast-growth, greater than 5% per year.

Suppose the growth rate of the economy is 2%. The size of the economy roughly doubles every

35 years.

5 years.

10 years.

20 years.

50 years or more.

If instead the growth rate is 7%, the doubling time for the economy is

50 years or more.

5 years.

10 years.

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