According to the sticky-wage theory, the economy recovers from a recession as nominal wages are adjusted so that real wagesdecline . True or False: According to the sticky-price theory, the economy is in a recession because not all prices adjust quickly. True False True or False: According to the misperceptions theory, the economy is in a recession when the price level is above what was expected. True False

When a government sees that local industry is threatened by imports, it can threaten to erect import barriers to stop or reduce these imports. this is an example of a driver of international business activity?

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Which of the following statements is true? a. financial investment refers to the creation and expansion of business enterprisesb. economic investment refers to the creation and expansion of business enterprisesc. economic investment refers to the purchase of assets such as stocks, bonds, and real estated. both economic and financial investment refer to the purchase of assets such as stocks, bonds, and real estate